It may take a little while to develop, but yes, for now I am staying bearish. I do expect Mosis to come to lunch though, so I have deployed and continued deployment of the lunch tactics here in the last 15 minutes or so with MERQ at $40.72, BRCM at $26.03, IDPH at $38.70, AMGN at $62.90 and CAKE at $32.30. Cash actually pretty close to 20% with all these doubles...
Zeev
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