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Strategies & Market Trends : Waiting for the big Kahuna

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To: kas1 who wrote (7647)10/27/1997 9:51:00 AM
From: Joan Osland Graffius  Read Replies (1) of 94695
 
Hi konrad, since you asked, >>what is everyone else doing, besides smoking a lot of cigarettes and pulling a lot of hair?

I shorted SPY the last time AG spoke, liquidated all foreign holdings, and most mutual funds and all trading plays. Right now sitting on High Yeild bonds (Merrill Lynch), a growth fund in energy and my long term positions in what I consider high quality stocks. I am doing nothing but am watching. Thinking about shorting some more SPY.

Does anyone think we should see a bounce this week. BTW, I notice the brokerage houses are all having conference calls. I think I will get on ML's and see if they are in damage control mode.

Joan
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