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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST
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To: Lee Lichterman III who wrote (29781)10/14/1999 11:28:00 PM
From: TimbaBear  Read Replies (1) of 99985
 
"...Yes the pros will bring the system down but..."

that makes it sound like it's OK because they think they are nimble....if they are so nimble, how come there are crashes?....it's this complacency on the part of the big players that Greenspan's speech was addressing....risk management isn't getting out the door before the next guy....it's adequate protection in case you don't.
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