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


To: Softechie who wrote (93688)7/11/2002 3:32:12 PM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
Old money is moving out...new money is dead in the water

Don't get too carried away. No one proposed a answer for why Nasdaq trin was so low today except for massive buying of any seller. I feel mutual funds are rotating out of safe stocks giving techs one last ride trying to squeeze shorts. We could have real short squeeze on Naz while rest of market goes fairly flat to slightly down.