I agree with this assessment, but I think it's only a 2-3 day rally before the correction continues. Still looking at mid-November as the ideal buying time before the next up leg.

Re: KMK - I'm going to try to scale back in. I know there is the risk of a takeout while I'm out of it, but I dislike waiting for a takeout. For me it's like waiting for Godot. Remember, NAK was also ripe for takeout. I sold half my position at the spike in early June (I think Peter said he did the same in order to buy a house). I kept half for the potential takeout, but it's been rather quiet/dead money ever since. Sometimes I think a takeout cannot happen while I own the stock - lol. So KMK might have a chance, at least until I get back in - lol........