chinawildman

Bulltrap incoming

Short
AMEX:SMH   None
Expecting a bullish surge some time in the next 3 trading days whether in the form of an exhaustion gap or blowoff top. Probably will coincide w/ a double top for NQ as well. My guess is it will break the rising wedge on the pullback, then try for another top (unless earnings REALLY blow). I would short chipmakers on any gap ups at this point all the way up to the ATH. XLNX, ADI, INTC are all showing clear bearish divergence.
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