Zeev's Turnips Patch-No Politics (ZEEV)

[kspiering]

I think mainehiker and jdaasoc may be confused. Maples are about as hard as oaks, minimally harder. The exception is silver maple which is about 25% softer than other maple types (vbg).

http://www.hardwooddirect.com/Hardness_Scale.asp

Zeev, I know that you have found a very low daily equity Put/Call ratio to be associated with major tops. Since there is huge daily variation in Put/Call ratios it may be interesting to look at Put/Call moving averages. Interestingly and paradoxically, the 5-dma of the total CBOE Put/Call Ratio over .9 has a very strong association with short term bullish movement. The 5-dma was .96 at the close last Friday.

That said, the bullish move occured (or is in the process). Other indicators remain worrisome. I am sure you noticed the SOX performance today. I went 100% cash today for the first time in 10 years. Hopefully I'll reenter at discounts. If I don’t get that opportunity, I'll try to be satified with significant longer term gains and make up for the missed opportunity by trading more often.