Zeev's Turnips Patch-No Politics (ZEEV)

[Burk]

Well, what I meant was, to me, there is a lot of fear out there and some real signs of some early capitulation...NYSE Issues advancing divided by declining has breadth as oversold as July 2002...last time breadth was this oversold resulted in a 190 pt SPX run..

In past three years 10 day put call has been this high only 6 times..in every instance a major low was left behind.

Negative divergence on the VIX...

Yadda, yadda..we'll see...maybe we still hit 1950 Comp first...I wouldn't bet on it, though...