Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

>>Excessive liquidity not withstanding, I'm now of the opinion that other than the PM's and other commodities the markets have prolly seen their highs for the year.<<

Dan, I would normally agree with you but this year we have been to this point several times only to see the bull regain their footing. Still saying that absent a domestic terrorist strike Greenie will not let us down for Christmas. In my opinion, the world economy depends on consumer spending to stay strong until business spending shows some solid growth. The Dow means too much to J6P for the Fed to allow the market to drop here.

That said,my bear suit is on. I have several core positions short that I have mentioned here, long a few others (RRI, etc.), and of course, long some gold, which I must thank you for in keeping me updated.