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


To: Justa Werkenstiff who wrote (82562)6/20/2002 8:50:24 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<<They were pumping the market between 4:00 and 4:15 like nobody's business and made their early intentions known but they were thwarted.>> incredible, but they were in fact out to pull-off another CSCO miracle flim-flam by getting the shorts squeeze into motion.
This is why i hope the "newbie" hedge fund managers are catching on to "let's scare the hell out of the new hedge fund managers and see if they have a clue". The CSCO lunacy, proved for me James Grant is right that thousands of new hedge funds can be scared stiff in a blink; however, ORCL is hopefully saying they are learning fast.
It is my deepest hope that the incredible fiasco following the CSCO MM super flim-flam taught these new Hedge Funds a lesson of a lifetime such that instant AH jam on ORCL did NOT fake the Hedgers, and that trick is now a dead trick.
The CSCO miracle, leading to an 8plus% up day, will go down in history as one of the biggest rallies and certainly the most vacuous rally in market history, and entirely courtesy of a "covering panic".
May the ORCL pump and jam attempt to squeeze a ton of terror into the short-side hedgers, may its' abysmal failure give the short-side the knowledge, they have control of this market, as there be close to no buyers out there. Max