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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (13816)2/4/1998 2:04:00 PM
From: Mike da bear  Read Replies (3) of 18056
 
This must be it!! I bought calls on IBM today. April 105's!!

You will be forgiven for this transgression. I'm starting to wonder
how high this blow-off is going to go. But as soon as I cover my shorts
I know the market will drop... sick of being whipsawed. I'd say I'd
cover in a dip but there's so much money ready to jump in and buy
on any dip of more than .01% that the dips only last for about 12 seconds,
never get a chance to bail.

Is everybody covering their shorts now? Any clues as to when (if ever) we'll
get another down day?

MDB
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