Zeev's Turnips - No Politics Message Board

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

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To: Zeev Hed who wrote (82250)	6/20/2002 2:40:32 PM
From: LTK007	Read Replies (1) of 99280

James Grant just gave an interview, one of the things he says that is making this market volatile and holding off a bottom is there are now 6,000 Hedge Funds, and most of them of are Hedge Fund Wannabes that simply don't have the nerve/the ice blood in their veins to run a Hedge Fund and they PANIC and COVER on a dime because they simply are amateurs without---( he didn'y say it:)--but without Cajones). Zeev this is a problem. We got a ton of Hedge Fund Managers out their that cover constantly, because they simply don't know their business, just plain rank amateurs. How long this will delay things i have know idea. Max

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