Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Hey, the Maginot line for going "bullish" was lowered progressively, from 2163, in January, to 2088 most of February, to 2063 early in March and to 2043 just last Friday, give it a little time to be lowered again. I'll probably done my horns long before a declining Maginot line is breached (even though for the next few days I am bullish right here, that is a tactical, not strategic position), I don't want to repeat the error I made in the mid April mid June period last year when I just turned "neutral" on such breaches rather than "gang ho bullish" (g). The market weakness is well within what was expected so far (Thursday swoon a little deeper than expected, probably due to the Spanish situation). Once we get to the 1887/1913 area in the next two weeks, I most probably am going to turn bullish, possibly a little prematurely, with then a Maginot line (to turn bearish again) if 1842 is take with gusto. Of course, a lot of things can change with the internals which will force me to change that map, but for now, everything is "according to plan".