Zeev's Turnips Patch-No Politics (ZEEV)

[Rayman]

Zeev, welcome back. I sold some stuff again today after switching my 401k into cash yesterday at 3:58pm<g, ng>. At least I have ample cash to re-deploy.

You are the expert on SOX, with INTC screwed up pretty badly, do you think the likes of AMAT, CYMI, VSEA etc can hold the low for a successful retest or they will make at least nominal new lows? I sold all of them during the past two days, and wants to buy back, but this INTC missing is quite severe.

What I most worried about is the fact that NAZ may just go to 1200 or max 1150, but some momo stocks might nose-dive again.

Your opinion is very much appreciated.

P.S. I hope this is not the March 22 2001 senerio again, I remember NAZ rallied HARD for several days in March last year, and we were dancing and thought the Jan massacre was over, then the NAZ dived again and finally hit the bottom at April 3rd(4th?), where you told me to hold on for another hour but I goddamned capitulated 12 minutes before the astronomical bounce ensued....

Enough said, you are the master of trading.