Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Lana, if you are going to play a stock like SNDK you got to take losses, when they happen, fast, If you don't you freeze that part of your capital and lose opportunities to play either the same stock in a lower box, or other opportunities. SNDK's next support should indeed be $47, but my gut feeling is that apart of a mild bounce, it will not hold, particularly if the turnips are right and the bulk of the late winter decline (another 200 Naz points or so) is still ahead of us. From time to times (at least one out of three) you'll be whipsawed as I have recently in PII) and the stock, after you sell, will go back up, but that is a pain you must learn to live with or you will leave your assets to the MM's.