Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

leon...

No numbers tomorrow morning other than new unemployment claims, as far as I know.

Yes, I intend at the moment to hang onto CCMP until earnings and am inclined to add to the position tomorrow. The obvious wild card is just how much they are willing to ramp at these levels and I have no answer for that since I see no reason for the ramp here to begin with. Nonetheless, they come full bore ramp every time there is bad news, and in the current economic environment that is very often.

This afternoon was the full monty, with a dollar ramp, gold taken down and large buying in all the index stocks. The mo-mo boys joined in to run the shorts, and they never let up for more than a few minutes. I have a strong feeling that this is going to end badly.

mlsoft