Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Run post splits are typical to bull markets, in bear markets, I am not sure, AMAT fell apart after its last split. We are getting close to a 15 PE on COO here, and while that is not extreme for its growth, it is no longer a real value as it was early last year when it joined the core in the mid $30 or so. In any event, I hope you noticed that I sold it here at $58.75, only $1.25 from the $60 target i set on oit whe it was bought few months back. Ihave no idea how high this run will go, I doubt it goes much above $60, and I am quite sure it will retreat to at least $55 or so where I intend to reconsider an entry in it.

Zeev