Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Federal Reserve- Thanks for keeping us posted on the Fed movements and net "funding". I would think that the Fed would save their ammo until late this week to give us a good go into Thanksgiving. I would also think that the Feds and the PPT would find it crucial here not to let the rally die. They would love to see another up week and a new higher high to keep the momentum up going into the holidays in an attempt to build Chrsitmas sales. I bad Christmas and we might as well say good-buy to any attempts to avoid another longer and deeper recession.

Of course the question is if they got the "powder" to push this market higher over the existing selling pressures that are present. I don't see the market going up on it's own as there does not appear to be much institutional support nor leadership. I also think useful to watch the treasury action. I watch the Fed with much great interest and again thanks for bringing the Fed movements to my attention.

Joe