Do not be in a rush to try to pick a low or bottom for the stock of this semiconductor giant.
The current market is about escaping positions before they can fall further and then waiting until conditions improve.
Fed policy makers, research directors and the media seem clueless that the economy is slowing, not growing.
The biggest risk right now is the yuan level versus the dollar.
Our favorite gang of indicators is still bearish on the chipmaker.
When the turn back up comes there will be plenty of time to recoup losses and be positioned for the next big rally.
Don't be a hero -- until we hit this VIX level and we see the U.S. market trade lower than Europe.
Nobody rings a bell at the top or the bottom, but there often are clues that tell us to pause before becoming fully engaged.
The idea isn't to buy stocks at the exact lows, but to buy them when they have the best chance of producing sustained positive moves.
Given that protection is priced so cheaply, be sure to hedge this risky trade.