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

To: TREND1 who wrote (71429)	5/24/2002 9:52:35 PM
From: Jdaasoc	Respond to of 99280

fund managers will be buying every thing I would have to believe that net redemptions are a biggest problem right now. In addition, Rydex guy was on CNBC yesterday and said that 15% of funds were in funds allowing shorting. Public sentiment is fickle. It is going to take something major in economy to change perception that market isn't rigged to benefit insiders and empty the pockets of buy and holders. I looked at TYC 3/31/02 financial statement and it is real house of cards. Net tangible assets are about -$ 3B and if you give them a true value of 30% on property and plant it is really about -$10 B. It is getting plain as day that street is going to offer pennies on the dollar for CITs book of loans that are primarily planes and trains.