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

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To: pater tenebrarum who wrote (63071)	1/30/2001 6:33:56 PM
From: mishedlo	Read Replies (2) of 436258

the problem is, everybody seems to be convinced the rate cut will ensure a melt-up...it's the famous watched pot, and funny enough, the Rydex bull/bear assets have people even more bullish than on the eve of the presidential election, another one of those rallies that everybody 'knew' was coming for sure... I am not sure about that. Even Greg M thinks we will selloff on this cut and is asking about hedge options. That in fact has me quite concerned as I am very heavy in PUTs. If everyone thinks we will sell the news then I think we will not. M

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