Zeev, or someone, please pinch me, cause I don't believe my eyes. Just got back, out whole day today, and the screen is bubbling with all things green!!!
What the heck happened to the market?! I sold CYMI, CIEN, THQI AH, for a fatastic day!! CIEN for 30% gain. CYMI for 5 bucks, I don't think I had a five buck day since....October 2000, except I do have 5-buck losses along the way.
Just as I said yesterday, I think I am going to lose the bet on CYMI with you. (I don't think I can ever win a bet against you<g>). Your below 30 target can be reached by Friday with this kind of momentum. One thing I don't understand is, what happened? Saddam is dead??
The only thing now I can't agree with you is, your 1388 by year end is too low based on this kind of strength, 1388 is just 60 points away!!!! Zeev, raise your target please. You usually say that you do not mind the last 40-50 points on NAZ, then why you are so bullish as we are indeed approaching 1388? Not that I am complaining, but my cash level is above 75% right now, so unless I see a new target of 1422 or 1600, I am not going to be agressive here. Capital preservation is key for me.
But again, thannk you Zeev!! You da man. CYMI is a yo-yo. You nailed it!!