Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Dow Gambit Update:

DOW GAMBIT (end of year run for the "mini gambit") summary:

Proposed 12/11 (EK's entry corrected on 12/12 to under $37), JNJ replaced INTC on 12/18:XOM and
AA failed to make the cut (XOM missed by two pence) and they are out of the gambit.

At the end of this week, the gambit does not look great at all we lost two more and are no riding with only three. Lets hope early January yields enough profits on these to take it out of the red... Two are under water and even JNJ is barely in the green...

AA enter at $22.40 or less, SL $21.89 target $25.75------ Cancel
XOM enter under $34.50, SL $33.75 target $37.50----- Cancel
IBM enter under $80, SL $76.5 target $93.---- In at $79.82. Stopped out at $76.34 a loss of $3.48 or 4.3%.
IP enter under $35.5, SL $33.75 target $39.------ In at $35.50
INTC enter under $18, SL $17.15 target $21.25-------- In at $17.97 stopped out at $17.10 a loss of
$.87 (4.84%)
MSFT enter under $53.75, SL $50.90 target $59.75.-------- In at $53.70
EK Enter under $38, SL $35.5 target $41.------- In at $36.80. Stopped at $35.09 for $1.71 loss or 4.6%.
JNJ Entered at $53.50. SL $50.95.


Zeev