Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

even on days like today when it was obvious that the intent was to drive the POG sharply down.

folks on prudent bear were saying that today's move was likely related to comex expiration. i tried to grab a bit of gg cheap, but nobody bit

like you (i think), i've been accumulating short positions since 9/8. i'm happy to say that i'm finally short klic and holding i wish i had a bit of brks too, but i'm rather diverse, and largely in big caps (intc, csco) with smaller positions in smaller stuff (kopn and swks have tanked nicely - high price, low short interest - ntap, pmcs, etc.)

so far, its feeling different than the previous corrections. particularly after that a.h. news on csco, where - as they were pushing the price up, the sellers kept pouring in ...