Zeev -do you expect the bios to weaken and catch up to the SMH or will SMH lead the way down (as it has so far) on the NAZ. I am suprised the bios hold up so well if speculation will be despised by the market.
I know you think we are heading down.Do you think it is possible to continue with the inverse head and shoulders pattern on the NDX? I understand it is only a true pattern if it breaks the neckline.The Vix is starting to shoot up.17% increase in 1 day.