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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: samim anbarcioglu who wrote (14549)12/19/2001 12:25:51 PM
From: t2  Read Replies (1) | Respond to of 99280
 
Who cares what it is? It is working (for me) at the moment.


good one. there are all kinds of reasons for the market to not go up.

The one thing that really interests me is the short interest increase in November; MSFT, INTC, and I believe SUNW had major increases. Among the smaller names, I think NTAP saw a big percentage increase in shorts.

My point is that we don't need a lot of new fund flows to push this market higher; ie..fund flows can be less this time around. The short covering could keep pushing the market higher. Of course I could be totally wrong...will be an interesting week and month.

jmho