Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Kaltbaum says "SELL" harker
(Don't bother with that braindead loser..)
http://www.tradingmarkets.com/.site/stocks/pros/kaltbaum/?psrc=left

I have been asked 1000 times in the past week of what this action could lead to. I don't know...but I am sticking with the 10% drop in the DOW and S&P and 20% for the NASDAQ. We will then re-evaluate. Whether it turns into something worse is anyone's guess but let me be clear...this market has the making of the start of a bear phase unlike we have seen in a couple of years. We will just continue to play it day to day by reading the price and volume action. The market does not have a chance if we continue to see more high volume selloffs in both stocks and bonds.

Gary Kaltbaum