Replies to post #40009 on Zeev's Turnips Patch-No Politics (ZEEV)

[yankee]

wahz, I see this as end of month and mutual fund year end tape painting. They are running up the prices so their statements will look as good as possible.

When you are a mutual fund manager using other peoples money, the only way to lose is to not be on board when the market goes up. Once they all start piling in, it doesn't matter if the fundamentals are bad and the news is worse. They are the ultimate momo buyers.

Yankee

[Zeev Hed]

whaz, I don't think you have to worry too much, short squeezing was evident in many stocks (four of the Q, EXPE, COCO and BSTE to name just a few), once that is exhausted, where will the money come from to feed this run? Look at the new highs, still anemic, look at volume, pathetic. I think it is a paint job, and not even a high quality paint for that matter (g). One of these days, that 2:22 swoon down will be for real and there will not be a fake break down, but a real one, then we could see a 40 plus Naz day dow coming from nowhere and in face of seemingly good news.

eev