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


To: ajtj99 who wrote (56139)4/25/2002 1:01:23 AM
From: t2  Read Replies (1) | Respond to of 99280
 
Aj, Just noticed that the short interest on Naz big caps went down in April. Just scanning the big increases and decreases, traders seemed to have been covering shorts in the biggest market cap stocks. That is not good as I see it.

I was hoping for a 2 day bounce but now I am just planning to buy puts on any move higher tomorrow. GDP is already expected to be good and unlikey to surprise many.



To: ajtj99 who wrote (56139)4/25/2002 1:05:26 AM
From: westpacific  Read Replies (3) | Respond to of 99280
 
Read some very negative news tonight - this market is in HUGH trouble, no time now to detail - Thursday.

Involves Fiat Money and whom is holding US debt out of Asian Summit, Current account deficit and also something on the inflated BS earnings scam.

All of it very, very negative for this market.