Zeev - is it your position that "they" accumulated considerably more inventory near the July and October bottoms than they were able to distribute near the August 22 and Dec 2 tops, and therefore they need to manufacture a rally, maybe on the backs of shorts, to 1600+ over the next few weeks to finish the distribution process? I think you've suggested this, but I want to make sure I understand your reasoning. TIA.
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If that is your expectation, but they are not able, for one reason or another, to satisfactorily distribute their inventory at higher levels soon, say, if the naz doesn't break 1520 in the next few weeks, and volume remains weak, would it then be your position that the next nassacre will be less severe than your projected 950?
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