Replies to post #55614 on Zeev's Turnips Patch-No Politics (ZEEV)

[punkle]

Zeev, are you close to 0% cash right now since that was the plan around 1370? Also, I assume you will stay that way unless we break 1347 or around there - please confirm. I know you were at 0% earlier today and wanted to see how you left the day and at what levels to the downside you will lighten up if any.

I've gotten about 50% long over the last few days.

[milton]

Some other indicators lining up with the 1347 level: lower BB is at 1347, 50sma is at 1345. Seems like that area should provide at least a good bounce, BWDIK.

[pstuartb]

Zeev, thanks for the explanation.
And I suppose the left shoulder top in late July at 1354 adds to the significance of the ~1350 level.