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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: DebtBomb who wrote (138459)12/13/2001 11:25:46 AM
From: sun-tzu  Read Replies (1) of 436258
 
a good one dale thanks. typically, these spikes in the p/c get resolved with market upside moves. i know many here don't buy my seasonality thesis and the fund chasing performance scenario but i find this to be central to what moves markets...which is institutional cash.

i've been on the right and wrong side of that and have learned to position myself with these players even if it goes against everything i feel is inherently fundamental. i think we are gonna squeeze hard here and that will reslove the p/c back to more neutral numbers.

st
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