Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Zeev, it was 4/6 yesterday, now 4/16 today. I imagine you could push it back a week every week and eventually it would hit <G>

I believe we're in a trading range until expiration. I thought that range would be 1941-2015 or so, but that might have to be moved up 10-points based upon today's action.

I don't think we're going to launch here with the daily BB's so wide. We really don't get strong moves up until that is reconciled. That's one reason why I've been favoring a pullback from this area starting tomorrow. We've had an 8-day move up from the lows (a fib) so we could use a 3-5 day drop.

Beginning of month / end of month is basically over with, so it seems an ideal time to pull back. They might save the 2000 level for this week to make the headlines over the weekend.