Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

For those insisting on playing the dark side, you may want to add here to the five earlier "safe shorts" T at $16.5 to $17 (SL $17.50), SBC at $22.15/$22.5 (SL $23.15), BA at #275/$28 (SL $29.05) and AA at $22 to $22.5 SL at $23.5. As I mentioned Friday, MMM you may want to take profit, it is getting close to the $119.5 to $120 area from which it has bounced already trice, if it cracks this time, it could easily go all the way to $106 and if that is breached to $85, my guts right now say it bounces (while other Dow stocks decline) at least to the $126/8 area. On the next run, it could indeed make the major breach required (by the way, if it bounces it will be a quad bottom, it already had a verbotten triple bottom (DEcember, February and March).

Zeev