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Tuesday, July 26, 2005

Merrill Lynch: Hedge funds buy dollars, sell euro; long Nasdaq 100

A Merrill Lynch research about hedge funds action lately (via Roberto's NasdaqTrader).

Hedge funds buy more dollars, sell euro -Merrill
Reuters
Mon Jul 25, 2005 10:52 AM ET
LONDON, July 25 (Reuters) - Hedge funds bought more dollars, added to their short euro positions and went long of U.S. technology sector benchmark Nasdaq 100 in the week to July 19, research by Merrill Lynch showed.

Hedge funds covered record net short positions on the Nasdaq 100 and took on a net long position. "The long position is not near an extreme level, leaving room to add to the positions," Merrill said.
Read further:
Reuters: Hedge funds buy more dollars, sell euro -Merrill

1 Comments:

Anonymous PENNY STOCKS said...

As far as those wall street banksters go. I say lets exchange those three piece suits and briefcases for a good pick a shovel a bucket and some pinstripes.

12/03/2012 03:02:00 PM  

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