Zeev's Turnips Patch-No Politics (ZEEV)

[Mustache Pete]

Zeev, the lack of expansion in new highs reflects the diminished presence of momentum investors. Once the last panicky short covers, there is not anyone left to propel a stock still higher. "They" do not mark up their own inventory; they engineer moves in the futures and induce saps to chase.

There are plenty of bears around--true believers, too--but hereabouts, few who will fade your calls AND announce it. The Great Man, it has been well-documented, has a memory like an elephant and a Sicilian"s appetite for revenge. -vbg-