Replies to post #112193 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I would not short it here, you are trying to guess a top. If you absolutely have to, make sure you have a stop just above the recent high at $16.86. You'll be much safer shorting GM at $35 with a stop at $37.60, or for that matter MMM at $126.5 to $127.5 with a stop at $131. But I don't think guessing the top is healthy, so I really do not think shorting here is a good idea, unless all you intend to do is a fast day raid.

Zeev