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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject3/1/2002 2:03:36 PM
From: Dave Gore  Read Replies (2) of 99280
 
MARKET COMMENT ------ Shorts need to be a bit worried.

WHY?

Because now that there has been a slew of improving economic numbers, the big boys can switch to the long side next week and use those numbers to drive the Market higher.

They couldn't do that before, because there was no justification to say the Naz and Dow could go up. But now they can say there is a credible reason for the DOW and NAZ to rally next week. And if the shorts panic, it could be quite a little rally, however short-lived.

Will it happen?

Who knows, but now the odds say that at least it could.
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