Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Tony, I really don't like any of those stocks except maybe CSCO at under 8 but as an alternative, I'd suggest trading QQQ - it's what I trade 80% of the time and it has been good to me - over time it represents the best stocks in the NAS and has great volume so is easy to trade.

We may go down to 1000 or a little less but we're getting close to a low so now's not the time to capitulate - that's what everyone wants you to do so they can take your money.

If you own those stocks already, sell them all and get 100% cash. Put 25% in QQQ tomorrow, if NAS goes to 1075, put another 25% in, at 1050, another 25%, and at 1000 another 25%.

If it goes up don't buy more and just take your profits after every let's say 50-100 NAS points. Keep repeating this process as the market gyrates.

This type of strategy has been working for me well this year on the up and down side.