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To: MythMan who wrote (248680)	7/7/2003 4:30:52 PM
From: Lucretius	Read Replies (1) \| Respond to of 436258

that has to be th emost arrogant thing i have ever read... what a f*cking sell signal

To: MythMan who wrote (248680)	7/7/2003 4:31:49 PM
From: UnBelievable	Respond to of 436258

He Is Really Pathetic

To: MythMan who wrote (248680)	7/7/2003 4:32:02 PM
From: Lucretius	Read Replies (2) \| Respond to of 436258

lol.. read the whole thing... ufb... i need some poots, QUICK -g- Impatient Investors Are Driving This Action By James J. Cramer 07/07/2003 04:22 PM EDT Click here for more stories by James J. Cramer You have to feel the bears' pain. You have to. You have to feel the pain of the KLA-Tencor (KLAC:Nasdaq - news - commentary - research - analysis) shorts and the Microsoft (MSFT:Nasdaq - news - commentary - research - analysis) shorts. You have to feel the pain of the funds that are running with "flat" exposure. You have to feel the searing pain of sending out letters that talk about market neutrality, when your investors want action. I think a lot of today's action came from managers, particularly hedge fund managers, who got the following inquiry over the weekend: "OK, you didn't make me money in the first half, what are you going to do for me in the second half?" The underlying current of that inquiry is, "I am taking the money back if you don't deliver some results for me in the second half." With the subtext of that being, "You can't just sit there and play market-neutral games. We aren't going to let you keep the money." So, you had a rush today, fueled by that. And it won't be just a one-day phenomenon. There were whole boatloads of funds, thousands of them, that didn't set out to be market neutral but gravitated or evolved into that posture. There were lots of other funds that became so comfortable with the short side that they didn't feel like they could work without massive shorts to "balance" their longs. That's who is changing stripes right now. Or, to be more visually and anatomically correct, that's who is growing horns. It hurts when you grow them. But not as much as if you stay a bear.