Zeev's Turnips Patch-No Politics (ZEEV)

[patchdodd]

Sorry I missed your posts on it. GERN looked awfully overbought to me when I entered the shorts for a quick buck.

Turned on the computer late last night to find that GERN had blown through my stops and I'm $2 underwater. At least it gave me time to think. I can't cry over spilt milk so the big question is, what now?

I'm thinking pretty volatile for a few days and settle in with new resistance around 12.00 and support between 10.00 and 11.00 I'll hold my shorts with a stop above last nights' highs and may even add to it. I'm pretty positive that this thing will revisit 11.00 at least. No reason to close the position now.

I'd be interested in others' thoughts though.