Like I said yesterday, shorting QQQ on Zeev's short-term relapse call after a rally has launched itself is a bad move. Zeev's short-term relapse only relates to the canaries that are used to probe the market. Take for example, AMAT, which hit 13.5, which is its own equivalent to 1300, both yesterday and today during the "relapse"; now it's at 14.8! after successfully testing the support.