Posted 1/14/2008 12:44 (#283037 - in reply to #283031) Subject: Re: Long buying or Short covering?
Well, you've got a new dynamic with these funds in the market. Everymonth they have chunk of money coming in that has to go somewhere. These markets are just another investment for them, and they need large, stable investments. I agree, it will be interesting to see how it all shakes out. But, since the funds entered in large numbers in 06, the market only seems to want to go one way.