Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

No, I have not. It will be an impossible task to draw the changes every time the market fickles one way or another. For now, medium term, I think that the trading range will hold (till it is broken one way or another). My cash position at 8% as of the close Friday, would justify only the reiteration of the last bull position. When I went to about 40% cash near the last run to 2100, at best it was a call to neutral, but I don't think I made a "case" for it at the time (there was still the possibility of 2106 being taken out, and if not, I thought the retrench would be held in the 2030/40 area, not justifying a major change in stance). Mind you, that high cash position was simply caused by taking profits offered on that last run, not really a change in stance.