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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Lucretius who wrote (56858)8/17/1999 7:30:00 PM
From: pater tenebrarum  Read Replies (2) of 86076
 
well, at the very least i would expect the lows to be revisited in light of the dollar index and the utilities and transports. i went about my evil shorting ways today again anyway except for a few DJX calls i picked up during the day. finally pounced on MER. i hope they will collapse with some fervor...i don't buy the takeover talk. a take-under, yes. who in his right mind would want to saddle his balance sheet with all that derivatives trash? CMB is reportedly a conservatively managed institution...i can't see them going for MER and MER probably wants to collapse independently anyway.
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