Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I agree, the next two weeks still may be dangerous, and thus stops should be used. If you still like a stock after being stopped out buy it back at a discount (that is what I did with SKX and ended up with 25% more shares for not an iota more of funds committed.) Yet, the Dow Gambit suggested on 7/23 and taken off the table on 8/22, yielded a solid 25%. You can take one trip like that a year and sleep for the rest if you are a conservative investor (g). Since 9/23, I believe I have another Dow gambit suggested in place, with already one stops taken (and reentered with 6% more shares). For clarity, I do not play the Dow gambit myself, too conservative for my taste, my conservative plays are in the "core". But people ask about "safe" plays in the Dow, so, when I see an opportunity arising, I suggest it. I should note, there are no "safe" plays, Dow or not, the only safe thing is using a stop loss.

Zeev