Come on Patrick his scenario looks better by the day, when was the last time we had strings of excessive P/C ratio, 5 day RSI getting very low under 30, 10 to one updown volume etc. Naz GNT, This is what bottoms are made of. Just don't shake too hard, take some losses where necessary and redeploy in stronger stocks, the like of ZBRA, CRDN, ADSK, HANS, CSGS, DSPG, BIIB, TEVA, MRVL, QCOM (still not letting me back in) DRIV, ADBE, and of course, core issues like COO, PII, TBL and TTC are within stone throw of a new high, and at current prices even the three Q, JCOM, BRCM and MERQ seems ready to launch as soon as the dark mood passes, or any excuse (like Osama...g/ng) is presented. Other stocks seems to be basing and refusing to breach markedly like the bu$$, IDEV and even AMGN here just around $53 with a stop just under $51/2 or so. Tomorrow, I might even veture a little into the mine field of the semis now that SSTI is offered at a bucker plus discount to last sale.
