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Pastimes : All Clowns Must Be Destroyed

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To: Lucretius who wrote (15318)3/7/2000 5:48:00 PM
From: pater tenebrarum  Read Replies (1) of 42523
 
LOL! i just love your optimism...actually, IF these stocks have a serious downdraft, the big put OI will ensure a lot of delta-hedging short sales will create additional pressure.
BUT the brokers and institutions selling the puts are in cahoots...why do you think that trash gets upgraded every other day?
i suppose many cos have taken a leaf from Dells book as well and are selling puts for their own account, Levitt be damned.
that's a toothless tiger if ever i saw one...
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