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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (2945)3/14/2001 4:40:06 PM
From: Jan Crawley  Respond to of 52237
 
CNBC just reported that hedge funds are 10% net long, down from 44%.

Paul, I just got that too.
Those hedge funds are holding 20% cash positions(up from 9%).



To: Paul Shread who wrote (2945)3/14/2001 5:19:38 PM
From: donald sew  Respond to of 52237
 
Paul,

Just CLASS 2 BUYs on the DOW/SPX/OEX, and oversold readings on the NAZ/NDX.

Yep, it was a stupid pun.

>>>> CNBC just reported that hedge funds are 10% net long, down from 44%. Not necessarily sure that they're a contrary indicator; they're at least supposed to be smarter. <<<<

LTCM wasn't and I believe they were a bunch of Ivy League mathematicians.



To: Paul Shread who wrote (2945)3/14/2001 5:20:29 PM
From: donald sew  Respond to of 52237
 
Paul,

Just CLASS 2 BUYs on the DOW/SPX/OEX, and oversold readings on the NAZ/NDX. Doesnt mean it cant bounce from here, just that a CLASS 1 CLOSING signal is more reliable.

Yep, it was a stupid pun.

>>>> CNBC just reported that hedge funds are 10% net long, down from 44%. Not necessarily sure that they're a contrary indicator; they're at least supposed to be smarter. <<<<

LTCM wasn't and I believe they were a bunch of Ivy League mathematicians.