Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I try not to look at QQQ options, I treat these as indices, sometimes they are huge and sometime minuscule, definitely the domain of hedge fund games, IMTO. The general EPC, is still OK, it is back under .60 but nothing serious, IMTO, it has been very elevated and the 21 day moving average is still above .7, quite bullish.

Actually, in my prior post I should have "measured" MSFT generosity at the $65 to $75 B mark rather than $30 B, since not only they are going to spend $30 B to buyback stock, they are also going pay out some $33 B in a special dividend. Mind you, the MSFT news was not in today's normal market, some additional exuberance might be there early tomorrow on that news.