Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I think you will find the updates reasoned out here: #msg-3751323, #msg-3753191, #msg-3754457 and #msg-3754474 from a month ago, and reiterated ten days later (after the expected swoon to 1750 occurred without breach) in for instance, #msg-3837155, #msg-3853978, #msg-3873500 and - #msg-3873500.

I must add that we are not developing so far the type of internals that would lead to a top by the 14th and that top may take till the 16th/17th, maybe even as late as the 20th. If we do not develop internal excesses, we might even be saved from a major October calamity. I was planning to slowly raise cash to 50% by the end of this week and into the 14th possibly even higher, but so far cash is at 26%, and I may delay the exposure reduction plan by a little.