Zeev....
Ummm - something must be wrong here. Zeev more bearish than
mlsoft???? Obviously a mistake.
I see a number of things that could be the triggers for your concern here, but basically continuing to count on the PPT to carry us at least through tomorrow morning in rally mode as per plan.
Actually, I did revert to the short side in four issues this afternoon, but covered one near the close - CCMP. Still short KLIC, VSEA, and NVLS, but NVLS causing a bit of pain by not falling when the rest did and will probably produce more pain in the morning. I wanted to wait until tomorrow morning to short but those were well above the upper bollinger band so I decided to not wait on them. The AH earnings news for several issues (like MERQ) could make the PPT's job easier tomorrow and I may need to cover early to reposition.
We shall see.
mlsoft
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