Replies to post #115066 on Zeev's Turnips Patch-No Politics (ZEEV)

[jrintl]

Zeev- you postulated the other day about a possible blow-off in Soxx before more down...since then, Soxx has ramped well.....maybe, just maybe? gg Was the 400 target necessary for the scenario, or will 395 do? g

[qwave]

Would like it to pull back soon. I have been hedging my longs by going short on the QQQ's at 26, 27, and 29 so far. Peeling off a few longs on the way. Of course I am making smaller and smaller gains on the longs when offset with the loses on QQQ shorts. Today was a good example. Gain was only 0.6%. Once the longs are gone I might need to hedge my shorts (or I may be cleaning them).

SONS has been my big percentage winner since I picked it up last Fall at 0.44. Will be letting it go soon.