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

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To: Zeev Hed who wrote (67136)5/14/2002 6:16:31 PM
From: limtex  Read Replies (2) of 99280
 
ZH - depends on whether there is short capitulation within the next few days. If one of the hedge funds collapses in a sustained rally then the shorts will capitulate across the entire front with a resulting increase in confidence in the economy.

It is confidence in the economy that is holding up a stronger recovery. Puyying the hedge funds to flight will bring on the confidence almost immediately.

I said last week when we say waht happens when they get just a little scared what effect that can have to return the market to normality, just imagine what happens when they capitulate.

Best,

L
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