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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (4238)7/11/2001 11:59:47 AM
From: Raymond Duray  Read Replies (1) of 33421
 
Hi John,

Thanks for pointing out that GS article. It is reminiscent of LVLT's Jim Crowe and his decision to sell a fixed number of shares per trading day over the last couple of years. If history does repeat itself, we could see GS trading down in the single digits by year end 2003. :) As always, the GS smart money set will, by then, be in Treasury bonds and the retail patzer will hold the mouldering equity position. What a fun game. Short GS. <BS>

-Ray :)
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