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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: SGJ who wrote (18765)12/12/2004 10:41:37 AM
From: t2   of 19219
 
Mr. Market says:
Lack of supply.
Record short interest.
Hedgies on the wrong side.

Have they held thier cards too long?
Is '05 the year hedge funds blow up?


That makes sense to me. Already most calls I see for 2005 seem bearish especially among hedge fund/trader types. Mutual fund manager say small gains--which is what they say every year.<g>

The year of the hedge fund blowup---will probably be lead to a much higher Nasdaq. I see this Naz gaining much more on a percentage basis than the Dow or SnP.
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