Replies to post #33077 on Zeev's Turnips Patch-No Politics (ZEEV)

[marvin1946]

Neutral for tomorrow or are you now changing your view about a powerful rally in october? or am i misreading your hungarian again? marv

[punkle]

Thanks Zeev.

I bought qutie a few QQQ here at the end of day under $20. Now that's a strange feeling buying QQQ under $20. VIX close to 50 as well. We're getting close to a decent bounce (needs to happen this week before the big earnings hit next week).

Hopefully Bush won't screw things up too bad tonight or at least people will get over it by the morning and we can bounce. No economic news until Thursday so baring any horrible earnings warnings (which could happen) we may get some relief.

I'm still at around 65% cash but I'm rarely below 50% cash anyway - at least not until we're out of this bear.