Replies to post #491807 on Zeev's Turnips Patch-No Politics (ZEEV)

[was hotlinktuna]

Appreciate your thoughts qwave...I only trade in our IRA's so can't short stocks but hopefully can do some dip buying with very short term holds in mind to make a few bucks...best of luck! tuna

[jathor]

No. No. Get long and stay long. This rally will last through November.

[Zeev Hed]

I am not sure the downtrend is starting yet, today sell off might actually be healthy, my guess is we have at least a week of additional distribution in the 2060/2120 area on the Naz before we are ready. Note for instance that yesterday's sell off brought about quite a lot of put buying (EPC reached .91, which we have not reached even when we touched 2000 just few weeks back).