Replies to post #179492 on Zeev's Turnips Patch-No Politics (ZEEV)

[dayniteshadow]

This might help

4:06PM Cymer sees Q4 sales and gross margin at high end of forecast (CYMI) 42.41 -0.75: Co announces that it expects both rev and gross margin for Q4 to be at the high end of the guidance ranges provided on Oct 21 (co guided to a 5-10% sequential increase in sales, which is roughly $68-$71 mln, and guided for 30-35% gross margin). Other operating results are expected to be within the range of guidance.

[market_watcher]

How do you think the NDX will perform relative to the Naz on this bounce? Do you see the QQQ reaching 35?

[eap]

Zeev, another great call. Covered all shorts this morning except PHM and went long JCOM. Another 40 points in the bank. I might buy a dip around 1900 for the bounce, or wait to re-short around 1950.