Clown-Free Zone... sorry, no clowns allowed Message Board

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

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To: Lucretius who wrote (134583)	11/15/2001 8:35:18 AM
From: sun-tzu	Read Replies (5) of 436258

I know, but a close friend said something very telling to me yesterday... "sometimes the pros go up against managers with more money than brains - I always forget that." There are a lot of hedge funds whose performance for the year is contingent about not missing this move. Every intraday dip is internally correcting an overbought condition. I don't think we'll get any appreciable pullback until after expiry. And right now, as I see it, that pullback should be bought. We're in an Oct 98, Oct 99 scenario. Contrary indicator? Perhaps, you make the call.

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