Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I think that between here and next March, the "containment zone" is raised to 1903/18 or so (that is a very bullish statement, in case my Hungarian is not clear to some "engineers" like threadsters). We might have a temporary excursion under 1955 early in the week, I don't see a major retrench. Mind you, if during normal volume activity (which I doubt will return till the first full week of trading in January), we still get equity P/C excursions into the sub .40 area (as we did Friday), then I may have to update that scenario fast. Right now, I am still assuming Friday's reading to have been a statistical "outlier".