Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Well, you may want to see what is the average volume in these contracts (I presume very low), but you are right, the picture of the equity P/C ratio is quite bearish, my cash position at around 72% reflects that opinion. (cash got reduced with a buy of the bu$$ in AH (g).)

Bullishness is actually rampant here, considering that we breach 8250 on the Dow and the Naz is a solid 100 plus points below the last "to the Hills" call, it is quite surprising and indicates to me that more pain is due, but that is as expected.

Zeev