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Strategies & Market Trends : Waiting for the big Kahuna
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To: Ilaine who wrote (30905)10/8/1998 5:53:00 PM
From: Philipp  Read Replies (1) of 94695
 

At this point, I halfway expect a flying saucer to land on Wall Street, and aliens emerge, and explain that they have been doing it. Or else some freaking great computer. Or maybe Allen Greenspan, going mano a mano with the hedge funds and currency speculators.

I have to agree. And it certainly makes it hard for us who want to profit from these actions.

But seriously, isn't it likely that these unpredictable recoveries will shake out the short sellers? And if that is the case, you won't have short-covering to dampen the fall should it finally occur, or would you?

To me the whole thing looks like a complicated chess game where you are no longer sure what the complexities of the moves and counter- and counter-counter-moves imply.

Regards,

Phil
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