Replies to post #60573 on Zeev's Turnips Patch-No Politics (ZEEV)

[bfenton]

Zeev,
Did we miss your annual Dec. 31 ish outlook for the following year?
They have always been insightful and appreciative.
This following year should be quite challenging as I'm sure compelling cases will be made both ways.
Always look forward to your projected time frames you forcast for up and down moves.

Thanks,

Brad

[Math Junkie]

Seems to me the turnips had trouble both last December and this December. I wonder if there is something about the turnips' model that causes them to be less effective in December in general, or would that be overgeneralizing?

[Zeev Hed]

Dow Gambit Update: Closed due to the turnips issuing a "to the hills call"

DOW GAMBIT (end of year run for the "mini gambit") summary:


AA enter at $22.40 or less, SL $21.89 target $25.75------ Cancel
XOM enter under $34.50, SL $33.75 target $37.50----- Cancel
IBM enter under $80, SL $76.5 target $93.---- In at $79.82. Stopped out at $76.34 a loss of $3.48 or
4.3%.
IP enter under $35.5, SL $33.75 target $39.------ In at $35.50. Out at $36.25 for $.75 or 2.1% gain
INTC enter under $18, SL $17.15 target $21.25-------- In at $17.97 stopped out at $17.10 a loss of
$.87 (4.84%)
MSFT enter under $53.75, SL $50.90 target $59.75.-------- In at $53.70 out at $55.04 for $1.34 gain (2.5%)
EK Enter under $37, SL $35.5 target $41.------- In at $36.80. Stopped at $35.09 for $1.71 loss or
4.6%.
JNJ Entered at $53.50. SL $50.95. Out at $57.37 for $3.87 (7.2%).

The total gambit (weighed by dollar amounts) lost this time 1.9%. Not very good, will try and do better next time...


Just got back in AMGN here $50.27, too much cash and AMGN really no giving ground here.