Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I don't think we disagree that much, the BTK and many of it "profitable" components are at a critical junction, they may serve the fodder for intermediate advances while the Naz in general comes down (just as the Sox did last year during this period). If some critical levels are breached, however, they could very well join the rest of the Naz in a major decline, as your charts suggest. It is a "chicken" game and the question is ho flinches first.

Zeev