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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (31187)5/4/2000 1:56:00 PM
From: AllansAlias  Read Replies (1) of 42523
 
hb, I look in my bag and see 1/3 is May. Oh well, I'll use the proceeds from my GE puts to replace 'em with forward months :)

Yea, could get a rally is right. At this point, the market has probably gone down as far as it is going to for the 2x.25 hike scenario.

Contrary to what is now becoming popular opinion, I think he will only go .25 and this will provoke a clown rally that will shock (yawn -- again) the bubble masters.

If they step up with .50, I do not think that will be bought. People have to clue-in to the fact that many of the large companies are as much financial institutions as they are whatever they are.

--Allan
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