Zeev...
Nice call on the downturn. As I noted earlier, the ramp on the PPT stocks was gaining no followers and those stocks were the only ones going up, which could be a sign of the beginning of the end for the rally. AG never gave up, though, as every PPT stock that I watch (INTC, MSFT, IBM, DELL, KLAC, AMAT, GM, GE, MMM) was up for the day with the lone exception of CSCO which was unchanged.
I think fear of the unemployment report brought in the selling this afternoon (rightly so), and a bad report coupled with this afternoon's warnings should be a major test for AG's gambit tomorrow.
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