Zeev's Turnips Patch-No Politics (ZEEV)

[ljm]

This is my first post, so don't blast me. I have been lurking for awhile and just started trading again daily in July when things started to get interesting again. There is great group think here which has resulted in a lot profitable trading since July. THANKS...

FWIW, I am 80 percent long now. I am waiting to see what happens at the 965 S&P neckline. If we stall there, I plan to take my chips off the table and wait to see how far down we go. If we shoot through it, I think we could add on another 20 percent before heading south. In the meantime, I still will be scalping long daily with my 20 percent.

I am also watching the VIX as a key turning signal. Time to exit longs for me around 25-27.

I just thought I would add my 2cents which is probably exactly what is worth.

Best to all and now back to lurking.

BTW, Picked up QCOM at 34.66 in the post rate cut swoon for a quick scalp or may hold until earnings tomorrow which will most likely beat. I also expect revised guidance upward.

ljm