Zeev's Turnips Patch-No Politics (ZEEV)

[mish]

max pain.

Spoos 875
DOW 8300
QQQ 27

This would imply far more to drop on the Spoos than the others.
Financials are hugely above pain here.
On the Naz INTC is above pain at 17.5 but CSCO right on top of a "soft" 15. I say soft because the huge call to put dicrepancy even thoug pain is 15.

MSFT has room to fall to 25.

IF we start dropping substantially (the sox and even more likely the financials will lead the way) GE JPM C well above pain levels.

It is interesting to note that MSFT is above pain headed into expiry rather than below it, for perhaps the first time since January. Perhaps that is significant, perhaps not.

(Your "safe short" INTC looks good from a pain standpoint)

M