Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (25566)	8/29/1998 1:45:00 AM
From: Brad Bolen	Read Replies (1) of 94695

Ok Bobby, You made a believer out of me. But what I want to know is would you look for a small pop to short, or would you short anything that moves now at any level? Some thoughts... Many stocks gapped down today...that is if the charts I am seeing are up-to-date. Looks like they could close em easily. Especially the internut stocks. SHORT DELL? No way man...that is THE Aunt Harriet stock, and that means if I am wrong I will get run over, man. Like...the Aunt Harriets are the last to figure out the bear, ya know! Guys on the Asia thread are saying that HKMA has the funds to buy HALF the outstanding float on the Hang Seng. They suggest that the other half could be bought buy China. Wouldn't that mean the short squeeze of the century if the Hedge funds are so heavily short? So question, will the Gov. win, and if not, what is the downside here if the peg breaks? Ciao. B.

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