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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Cynic 2005 who wrote (8714)10/15/1998 5:40:00 PM
From: Monty Lenard  Read Replies (1) of 86076
 
How do we know that Greeny hasn't done damage to another group of hedge funds who are short US stocks?

Because my guess is that they covered on 10/08/98. You know the day the dollar and long bonds got killed ....worse drop in 25 years I believe. That was the opportunity they were given to get out of short positions. Market engineering IMHO.

Monty
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