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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (31996)10/28/2000 2:00:30 AM
From: Perspective  Read Replies (2) of 436258
 
<i'm sorry i saw your post to me only now...ARBA slipped through my loving embrace...you'd have reminded me. >

A shame indeed. Barely missed my limit order. As did RBAK - by a few lousy eighths, before dumping 10%. I just didn't expect the behavior we got today at all. Given the last few times the boys have staged a furious, futures-driven short-covering rally, I figured we'd have a regular bull orgy today. This is the first of these 8%/one hour pumpfests that *hasn't* seen ridiculous follow-through the next morning.

Actually, two of the remaining three would've worked out almost as well - CREE and JNPR both gapped up pretty good and spent the rest of the day working downward. I guess I just wanted a little bit more insurance before I put on shorts in the face of yesterday's afternoon explosion.

I *am* getting nervous about this end-of-month thing this time. I wonder how much fund buying has actually been delayed to avoid cap gains distributions exposure. Any thoughts?

BC
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