What I find interesting with the $SOX is that the $SOX/$NDX ratio is in the process of confirming a higher high around the 50 SMA after gliding down or the past 2 years: http://stockcharts.com/h-sc/ui?s=$sox:qqqq
He may have been right on buy the dip last yearalong with all the other bulls but I remember his terrible calls before he had his hedge fund. Anyone think this guy has any credibility? (How the hell did he get to manage $1.5 billion, I thought the guy was a joke!)
