Zeev's Turnips Patch-No Politics (ZEEV)

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I do not relish disagreeing with you publicly. Most of the time when I disagree with you, I address the posts to nobody or somebody else who shares your short-term view. It takes some "vehemency," or an opinion that I hold strongly, for me to address the desagreement to you, or to mention your good name in a contrarian sense in my posts to other posters.

Anyhow, I find turnip predictions very good for the intermediate to longer term, but very poor, almost contrarian for the very short term. First pull backs should be buying opportunities, and first retest are shorting opportunities. Turnips seem to be working over-time picking bottom and top long before the trends have exhausted themselves, then give up the wins easily when the turns have indeed taken place. 45% cash level is very high for turnips. Turnips have been below that cash level for the last 120 points down since the 1460's, and we are only 180 points down from the top. A run-to-the-hill call typically only entails 60% cash level.