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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (87476)3/29/2001 11:58:23 AM
From: chic_hearne  Read Replies (1) of 436258
 
One of the concerns I have is we are entering the stage where the law of small numbers will make for violent moves.

It was easy to short Crisco at $70 with a $5 stop. The equivalent today would be shorting at $15 with a $1 stop. The same applies to every other stock that is decimated, but still has to be decimated even more.

BTW- Jim Grant on CNBS
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