Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I took a minor loss on BSTE AH entry (which was after all a double bucker discount to last sale) and think it could drift back down if the market is weak, it it takes out $47 with gusto, that means the current malaise might be over, but apart of the first twp days this week which I have higher, I am not so sure about the rest of the week. JCOM, I am staying in with double position through earnings as I did SNDK (proved to be the right move there). ONXX actually tested successfully the recent bottom near $36, so late in the day I reestablished that position (a nice double bucker discount to last sale). KLAC, not so good, despite waiting patiently till it retreated close to $40 (expecting the recent bottom to hold), it breached and I took a bucker loss on it. For now, apart of SNDK, SSTI and MRVL, I am staying away from that sector till it shows some movement of funds into it. MRVL I actually may double up under $23 (has worked so far, if not broken, why fix it?).


Don't forget to keep an eye on ZBRA and ADSK, both near the bottom of their respective ranges (though I have an OB in ZBRA just under $79, in case we get such a sharp excursion down). Also watch for an excursion down under $24 for a entry in CMN...