Zeev's Turnips Patch-No Politics (ZEEV)

[Rayman]

Zeev,I think the problem is some people regarded your "teddy bearish" stance as a signal for shorting. That is unfortunate, as orkrious and I once yelled on the SI thread, that Zeev's high cash position DOES NOT necessarily serve as a signal for shorting!!

I have been yelling at top of my lung for the past 20 days, almost every day, of my suspicion that this one is just like last Oct-Nov, wave of EOD rallies to kill the shorts. So I didn't short(only intra day as a way to get long).

I still regard your turnips as the best can be. I learned the lesson that capital preservation is more important than capital appreciation. I strongly suspect now, if the rally keeps going like this, next year will NOT be pretty. But the rally can continue through November nevertheless.

The only thing really irritate me is seeing the stocks I sold at 20 to 50% gains are making goddamned 50% to 100% gains on top of my sales. Unbelievable. TLAB, CIEN, AMCC, CNXT, VTSS, BEAS are behaving like crazy. Too bad I sold them too early. Well, C'est la vie I guess.

And of course, with my luck, I sold some of the gainers and stuck with Oh My God loser OMG!! I need to be kicked or I want to kick the CEO instead!

Have a great weekend. It's a super fun week except OMG.