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Pastimes : Ask Mohan about the Market
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To: Jack Clarke who wrote (13642)1/30/1998 4:43:00 PM
From: Bonnie Bear  Read Replies (2) of 18056
 
Jack: I sold out most of my BEARX at slight profit, left some with 5% loss hoping for a down day to get out of the rest. Tice is losing money big-time, I didn't want to go down with the ship while he chews up his fund shorting disney and microsoft and by buying index puts. Remember that today was the day for testimony about the Asian financial crisis and the markets had to show how calm and well-supported they are with the help of the plunge protection team :)
Scary to think that the feds are propping up the mania.
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