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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (36139)4/22/2001 12:50:30 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
I think much of this rally was absolutely essential for the hedge funds to slowly exit their disastrous positions... this summer might be an economic nightmare climax, leading to serious questions on the end being in sight

these hedge funds scare the crappola out of me... such huge amounts of money, and even greater degrees of leverage... a big NYC bank or NYC brokerage house could easily fall victim to risky failed gambles

watch for the stall in the next few sessions, few days, or few weeks
my guess is sooner rather than later
esp with most averages above the 50dayMA
evidence should be clear as a bronze bell
/ jw
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