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Non-Tech : Invest / LTD
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To: Lucretius who wrote (4307)10/15/1998 5:29:00 PM
From: Alias Shrugged  Read Replies (1) of 14427
 
What a day.

Tried to short 100 more IBM at 138+, but the sucker was dropping - finally got the order in limit 137.25 - but not a chance.

WMT is eating my lunch. DELL and INTC not really hurting me; I only have 25% of my DELL position and 33% of my INTC position. Tomorrow should be very interesting.

Mike Burke agrees as to the ultimate impact of the rate cut. Funny that gold was strong all day and closed strong.

Dollar get smacked upside the head vs. Yen.

My CEFs did well today and should do well tomorrow. I can give WMT a little more room then I need to cut my losses.

Oh wait, LT!! We have everything all wrong. Watch corporate profits roar back with this rate cut!! NOT

I will be drinking heavily tonite!!! Where's that wine cellar....
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