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

To: Softechie who wrote (25003)	1/28/2002 5:11:12 PM
From: LTK007	Respond to of 99280

about time--the average investor is so brainwashed and ignorant about shorting it is ridiculous.Shorters seek truth and the mob calls that "evil"---gag me! here's an interesting partial tidbit about media BS from Bondtalk.com <<January 24, 2002 Market Participants Apt To More Easily See Positives In Latest Greenspan Speech Greenspan merely shuffles previous speech to emphasize key points Written by Tony Crescenzi , CEO BondTalk.com Today’s speech by Federal Reserve Chairman Alan Greenspan is notable more for Greenspan’s change in delivery than change in material. Greenspan merely reworded and altered the location of some of the more positive aspects of his economic outlook and deleted some of the more negative comments regarding his economic outlook. Much of today’s speech was actually taken verbatim from Greenspan’s previous speech, likely because Greenspan recognizes that very little has changed over the past thirteen days, so there’s little reason for him to deliver an entirely new speech on the economy. The final product is basically a speech that embeds many of the same elements contained in Greenspan’s last speech, with a modest change in emphasis to make the writer’s point clearer. One of the more interesting aspects of Greenspan’s speech is the way in which news services delivered headlines summarizing the speech. Unlike on January 11th when the media placed a significant amount of emphasis on the negative aspects of Greenspan’s economic outlook, today’s headlines began with a litany of the positive aspects of Greenspan’s economic outlook, nearly all of which were in the January 11 speech but which was largely ignored by the wire services when they delivered their headlines. The media’s changed emphasis is a case study of the risks that investors face when they embrace the subjective views of the media rather than develop their views about the speeches on their own. This is why I feel it is imperative to read the speeches rather than rely on headlines.( AMEN!!!) Greenspan Sticks to Inventory Hypothesis A key element in today’s and the January 11th speech is Greenspan’s belief that the recent extraordinary pace of inventory liquidation will soon end and provide a significant impetus for economic growth:>>