Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Summary of the closing of the most recent "Dow gambit" (closed last on 11/7, JNJ at $60.28.)

IBM in at $61.08, stopped at $60 loss of 1.8%. Reentered (6% more shares) at $56.5 on 10/4/02. S.L.
$53.5. This one got closed 10/8 (#msg-545240) at $73.95 a gain of 27%.
EK in at $26.80 and also closed on 10/18 at $32.25 for $20%.
MMM at $116 (SL $108.25 raise to 119.88), sell at $138 or higher. Because of the failure to take ut the
high of $130.60, it was sold 10/24 at $128.75 for just 11%.
XOM at $32.50 (SL $29.90 raise to $34.44), sell above $40. This one was stopped earlier in the week
at $34.44 for just 6% gain. Replaced with JNJ at $57.50, sold at $60.28 for another 5%, making this one an 11% gainer.
MSFT at $44.75 (SL $41.20 raised to $50.88), sell above $51. This one was sold today at $52.30 due
to the sell signal, for 17% gain.
AA at $19.35 (SL $17.55 raise to $19.75), sell above $25. Actually sold 10/25 for $22.47 for 16%.

This gambit returned 17% on the average. It was started on 9/23, most terminated by 10/24 the last exit was 11/7.

This give for the two Dow gambit played a total return of 42%. Not too shabby for "conservative" stocks. gambits.

We might even get another "dow Gambit entry before the end of the year, we just got to wait for the right time, patiently as we did with the first two gambits.

Zeev