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


To: Jeffrey S. Lillie who wrote (79139)6/14/2002 2:58:09 PM
From: LTK007  Read Replies (3) | Respond to of 99280
 
Why would LBTH buyers enter now? They look at this rollercoaster and are realizing it it BS, and they don't give a damn anymore they just like that they can sleep at night with their cash elsewhere.
The massive fund outflows are telling the real story, more and more are awakening to it is just better to get the hell out.
This process of the average investors turning away from the market can last for years.
People need realize the average investor when he changes his mind does so for a long time.
All we are seeing is now is the herd is turning bearish and in the end they rule.Because the mass psychology is far stronger than sentiment indicators based on NewsLetters and Money Managers



To: Jeffrey S. Lillie who wrote (79139)6/14/2002 3:34:39 PM
From: DebtBomb  Read Replies (1) | Respond to of 99280
 
Pisani just mentioned, it's hedge funds squaring positions, covering shorts for the week. Nothing to get excited about, just shorts taking profits, IMO.