Maybe this is timely ...

[crash]

... Text from a posting elsewhere today
http://wallstreetbear.com/board/view.php?topic=29574&post=97254
is duplicated below, along with one of three charts:
http://bigcharts.marketwatch.com/charts/big.chart?symb=cphd&compidx=aaaaa%3A0&ma=1&maval=20&uf=8&lf=268435456&lf2=4&lf3=32&type=4&size=3&state=15&sid=178635&style=320&time=18&freq=8&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=5455&mocktick=1

Added a bit more SMH ... CPHD doing better now ...
crash - Tue, Mar 15, 2005 - 11:51 AM (IP: 68.254.146.228)
... My two tech positions for this wimpering Intermediate 5 of Primary C of
Cycle B cyclical bull correction within the secular Super Cycle bear: SMH
has recently disappointed, and so has CPHD. My trailing stops (weekly
PSARs) have tightened some, with CPHD more nearly getting tagged. Now
CPHD has rallied impulsively up, and my average price is now only slightly
underwater. (I fondly recall my profits from trading CPHD in a 4-6 range
not so long ago. I believe that this biotech spinoff from Lawrence
Livermore has great potential with its patented quasi-realtime PCR
technology for medical and forensic lab productivity, and for counter-terror
threat surveillance.)

Average cost for SMH is 33.65 in three parts, and for CPHD 10.10 in four
parts, and I now will hold both without adding until stopped out. I would
anticipate that the ol' grizzly will reawaken later this month to mid May. TWT. When
that happens, these tech positions will have been closed (except for maybe
some small CPHD affectionately retained), and RYNVX (+1.5xSPX) will be
switched back to RYURX and RYAIX at Rydex. HSGFX (27% weighting) will
be retained as a core position as long as Dr. Hussman maintains his record
of superior risk-adjusted returns through all market climates. BEARX will
again be my favored bear fund for accumulation during Cycle Wave C
down. Of course, my junior miner core positions will be held, with some
trading around the margins, given good opportunity to improve positoning.

Breaking news:
I suppose this explains the activity in CPHD today:
12:05 ET Dow -21, Nasdaq -10, S&P -3.56
[BRIEFING.COM] Market remains under modest pressure midday after
confirmed cases of Anthrax are found at Pentagon mail facility... (snip)

Regards,
Bob, aka ¢®@$h
_________________
Elliott waves are counted within Bollinger Bands, MACD & Stochastics patterns aid the count, divergence shows potential for reversal, weekly PSAR provides a trailing stop.

[crash]

... BigCharts' non-standard, long URLed images will not work here, I guess. I see that Henry To uses url links to images, instead of incorporating them inline, and so I will too.
_________________
Elliott waves are counted within Bollinger Bands, MACD & Stochastics patterns aid the count, divergence shows potential for reversal, weekly PSAR provides a trailing stop.