Zeev's Turnips Patch-No Politics (ZEEV)

[shtirlitz]

Zeev, what is the psychology behind the sell-off you predict ?

At this point I can only see the market where short interest is at all time high, and everyone else desperate not to miss a post war rally.

This seems to be the market's only fear. Will there be war or not is irrelevant. And I don't think anyone really cares about it.

I'd think an exhastion upward burst , where shorts cover and everyone jumps in on a rally wagon is more of a possibility then sell-off.

Then of course sell-off is inevitable. But at this point there is just way too much support in the market, even if it is in the form of heavy short position.