Zeev's Turnips - No Politics Message Board

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

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To: KevinMark who wrote (41487)	3/18/2002 9:18:26 AM
From: t2	Read Replies (1) of 99280

Maria babbling on CNBC about a ton of supply coming to market this week, and investors should wait till the end of the week before entering positions. There's your answer on market direction this week, we're going to the moon. She is given her information by the hedge fund manager at Trimtabs, who is more short the NDX now. Basically, that means Biderman (the manager of the fund) has already made his bet on the market and probably so many others that use the same type of data. I seem to recall he was short the market late last year as well. Not a great call based upon his money inflow indicators back then. I would bet mutual fund managers make their plans to buy the new offerings well in advance; maybe 1 to 2 weeks ago. To think that Maria knows; or trimtabs knows is a joke. They could be proved right but it won't be based on the new offerings information. jmho

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