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

To: limtex who wrote (67310)	5/14/2002 10:12:36 PM
From: orkrious	Read Replies (1) \| Respond to of 99280

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 get a grip Limtex. if you want someone to blame, look at AG. It is confidence that the shorts have ruined. if it weren't for the shorts, who would be around to buy these bloated pigs at ridiculous prices.

To: limtex who wrote (67310)	5/14/2002 10:19:08 PM
From: nsumir81	Read Replies (1) \| Respond to of 99280

limtex again blaming shorts..It is real selling. Hence the bear market marches on.

To: limtex who wrote (67310)	5/14/2002 11:53:17 PM
From: Pink Minion	Read Replies (1) \| Respond to of 99280

It is confidence that the shorts have ruined Geez, you should be glad shorts have made this market go down. Look at the great buying opportunity they provided. Isn't that the point in investing?

To: limtex who wrote (67310)	5/14/2002 11:59:15 PM
From: inchingup	Respond to of 99280

Maybe what is really happening is that people are not putting their dollars into capex spending because they don't have them. Did you ever bother to ask small businessmen in the goods and services sector how they are doing? The answer you would get would probably stun you. A friend who provides fabricated steel materials and steel for buildings has laid off 50% of his work force and wondering how he is going to make the $5K mortgage payment on his property. Another friend who has seen sustained 20% growth for a period of 6 years who deals in a product to commercial properties estimates his total receipts for the year will be down 70% from last year for the simple reason tenants are skipping or moving back in with parents and no money exists to improve these properties. A third friend who sells necessary medical products to the aged has seen his business dwindle by 40% YTD as people can no longer afford his "necessary" wares due to losses in their "investments". They have chosen to eat instead. These friends are not investing in new equipment, vehicles, buildings, or personnel. They are hoping to survive. It is important to remember that little business is suffering too, which is of course unhealthy for big business.