Sentiment really does get frothy pretty quickly. What I don't understand is what Zeev is seeing that he thinks we're going to get a 300 point run from here. I'm confused.
OTOH, the NDX has been holding up better than the comp. I know that aj thinks this is bearish and would like to see a lower low on it, but it really looks stronger than the comp. I'm sure you've seen this, and discount it. Can you explain why, other than sentiment (I'm sticking to the charts)?
thanks.