Replies to post #53803 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Agree, and I am here with only 20% cash and will not be in to see the open. I removed most of my OB's (except SKX, AAPL and OMG and low ball prices on reentries into COO, IDPH and AMGN, if all six get hit, I'll be "tight again <g>). Apart of SKX, most of the core actually held pretty well.

Zeev

[jdaasoc]

I took on alot of long positions today and Im hoping we dont collapse too much further..

You tell me where I should get back in long. IMO the rollercoaster has just started downhill and will pick up speed as month goes along.

http://stockcharts.com/charts/indices/McSumNASD.html

We have been lulled to sleep assuming mutual funds were having net inflows when the reality the mututal funds were having net redemptions all fall.