hedge funds are about to go long

Hold onto your seets guys my cousin who works for a Hedge fund in sydney rang me today and said news around his circle of associates is that they will be going long next week after to take the preasure off the industry with the recent media and ASX comments. They started buying Friday after market in the Auction period, hence it didn't finish on the low of 30c of the day. Any signs of weakness on Monday because of the Dow last nuight, I will be going long on a 1M CFD order on Monday.
kind reg
ang01