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Strategies & Market Trends : Waiting for the big Kahuna
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To: Andeveron who wrote (31767)10/16/1998 12:11:00 AM
From: B.REVERE  Read Replies (1) of 94695
 
Tommorrow may be down? There's a 99% probability of that.
The first sign of any weakness tomorrow will quickly snowball.
Without any puts in the money, the mm's will have to sell equities
to pay for the sale of the calls.

Later,

BR

Hope Gs is happy. Instead of a mild downturn in the markets, he's
now caused a long term bear. Way to go, Al.
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