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Technology Stocks : Stock Swap
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To: Will Lyons who wrote (15764)10/28/1998 2:42:00 PM
From: Patrick Slevin  Read Replies (1) of 17305
 
Yeah, raising taxes is political suicide I guess. Ask George Bush.

<cutting rates is like pushing on a wet noodle!>

Even so, I'm glad I was flat when AG pulled that hat trick on the 15th. One guy on the Futures Thread figured that a "normal" short position would have lost about 50 to 75 thousand bucks in less than 5 minutes.

But the longer term effect of that maneuver seems to have resulted in a trendless market. This market is about as easy to trade, these past few days, as pushing on a wet noodle to steal a phrase.
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