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Pastimes : Ask Mohan about the Market

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To: Jack Clarke who wrote (7767)	11/13/1997 6:30:00 AM
From: Bonnie Bear	Read Replies (3) of 18056

HI Jack. I'm staying away from anything index-related, there's lots of tulipmania for the bears to nosh on before we touch the indexes. I've seen too many days when the indexes remained so unchanged with huge intraday volatility. It is statistically impossible for an index like the S&P to close in exactly the same place day after day without manipulation. So I closed out my spy short, am getting out of RYURX, and going to concentrate on the non-index-related bloat. Hang onto your Dec put (but but but...that's not where the action is, methinks.) The feds will never admit to manipulating the market, I read a few months ago that Goldman Sachs was doing it but you know how these things actually get done. ;-)

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