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Strategies & Market Trends : Waiting for the big Kahuna
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To: HairBall who wrote (31689)10/15/1998 4:25:00 PM
From: Jay8088  Read Replies (1) of 94695
 
REVENGE OF THE BUBBLE MEISTER

Greenspan's skillfully timed short rate cut (just as short positions have to be unwound)
and fully coordinated action by the Plunge Protection Team fried shorts today. I tried to
close out as many November puts as I could before the bell. October puts are history
killed by the ruthless Grand Bubble Meister..

I guess in a time like these the best one can do is to survive and regroup. For now, the
game over.
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