Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

MKT entropy...

Personally, I continue to believe TYC is a dead short with the caveat that until the market breaks to the downside TYC can continue to the upside. I see very small longer term risk for short positions in TYC and still believe that it is a poster child for "creative" and misleading accounting. The company has a large negative real net worth and the if my macro view is correct it has a better than even chance of ending up in some form of bankruptcy in my opinion. I had a short position in it not too long ago but was stopped out and when I am ready to aggressively short again, TYC will be high on the list but behind the techs which I expect to be the first group to crack.

For now, just riding the golds and doing a few shorts from time to time.

Best of luck to you.

mlsoft