Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

I am still long from yesterday and not shorting out if we hold S&P 800. I take any additional lumps for being bullish tomorrow. This downturn is not going to do well for consumer or business spending.

Therefore, look for more of same downwards major sector by sector haircuts if shorts can't be chased. They will not need much incentive to short just abnout any stock since job cut announcements are increasing.