Zeev's Turnips Patch-No Politics (ZEEV)

[mjk]

Nice summary Zeev, the question is, where to next? You mentioned a couple days ago that a Fed rate cut would change your stance to extremely bearish, you said early today you may become more bearish if the rally continues (maybe this was yesterday afternoon), and then a little while ago you said 1222.22 may be out of the question now, sounding even less bearish than before.

Since I'm expecting the Fed to lower rates, my question would be how low do we go if they do, and, where do you feel it's going to start from, below 1388, or approaching 1425?

TIA