Bill Wexler's Dog Pound Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Bill Wexler's Dog Pound

REFR 1.560

-2.5%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JDN who wrote (6079)	1/15/2000 4:48:00 AM
From: Graeme Smith	Read Replies (2) of 10293

It's a weird market at the moment. My portfolio is currently extremely short (75% short, 25% long). Yet it is going up on up days, and down on down days. How a short portfolio can move in the same direction as the market is beyond me. My only theory is that the clever people hold the same longs as me, and those longs go up or down on important news relating to interest rates etc. The less clever people (who are long on all of my shorts) don't really understand whats going on. So they don't react with the rest of the market to interest rate news etc. Personally I am pretty sure that it is the clever people who hold my longs, and the less clever people who are long on my shorts. The rest of it I am less sure about.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next