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

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To: t2 who wrote (41660)3/18/2002 7:17:52 PM
From: LTK007  Read Replies (1) of 99280
 
<<George, Biderman (trimtabs) is is calling wall street strategists "morons". I guess the liquidity model did not work for him when the market took off late last year and he is a little ticked off.>> trimtabs went bullish just at the right time late last year.
They said the stock buy backs during the crisis had created a favorable supply/demand scenario and recommended buying into that moment.
They also said the "moron" Pension Funds were going to be loading up to the end of 2001.
I don't know what Biderman was saying at that time, but i do know the trimtabs fellow that appears on Bloomberg TV was saying exactly the above a few days after 9/21. Max
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