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

To: Jdaasoc who wrote (67272)	5/14/2002 8:38:23 PM
From: nsumir81	Respond to of 99280

Shh Limtex thinks it is only hedge funds that short and that shorting has caused the market to go down. Maybe he has not heard of real selling and repeated rotation during/after rallies.

To: Jdaasoc who wrote (67272)	5/14/2002 10:09:27 PM
From: limtex	Read Replies (4) \| Respond to of 99280

jda - last weeks raly and this weeks ahave beenthe clearest demonstrations yet that the only thing stopping the market from recovering is the hedge funds and the historic level of shorting that has been going on, destroying jobs, wealth and in the process the US economy, mainly by the destruction of confidence. It is confidence that the shorts have ruined. Sure we have had Enrons and optinos and ML thier POS emials but overlall this was a good economy and it created jobs and it created wealth and better still technology and confidence in the future. The hedge fund shorts destroyed all that by destroying confidence. A few days more of rally will destroy will allow the market ot recover to normality thus allowing confidence to return. And confidence is what will really power the economy and with it the end of shorting at least for a few years. Best, L