Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

In regards to Zeev's calls being wrong or early, or late, they're one of the best sources of information available and remember you can always listen to your broker who has probably been telling you to dollar cost average in since NAZ 5000.

Anyway, bought a bunch more QQQs this morning in the $19.80s and had to disappear for the day. Before I left, I put a sell in at $20.55 for half my total position and lo and behold it hit. I thought there was enough good news to get us a brief rally here and believe we may get some more intraday up opportunities tomorrow but do believe the bear will come back hard due to earnings misses and lowered guidance (all the analysts are getting the heads up and lowering expectations for everyone (see CSCO today) so the news isn't as hard to take so by the time the earnings arrive we may be "priced in" so be careful shorting here).

Still think NAS 1000 is in the cards soon - if we don't get all the way there with Q3 earnings we probably will with Q4.