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Strategies & Market Trends : Death Spiral Preferred Thread

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To: Zeev Hed who wrote (21)9/23/1998 11:50:00 AM
From: space cadet  Read Replies (1) of 47
 
Hi Zeev, it's been a while. I remember a few months ago you were in ttrif. Are you still in it? What do you think of its prospects here? Also, I remember that you and I were both predicting October would be an ugly month for the market. September is proving to be one of the markets best months in a long time, and now I think that the big boys will force October to behave decently also, until Oct options expire on the 16th. There simply are too many pessimists with too many puts for the market to crash, barring some external event. After the 16th we may get that fall, but I'm not quite so sure now. What do you think? And can you believe these internet stocks? Many of them are near or at new highs once again, as if August never happened. Simply amazing!
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