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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: yard_man who wrote (2676)12/22/1998 8:26:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
tippet, one of the reason to the recent 2 month move in the market IMHO is that AG and Rubin tried to kill the hedgefunds.

I am working with several of them and they switched to liquid assets - e.g. stocks and bonds. At times they were buying troubled or exotic loans or real assets with little liquidity not anymore.

Even overseas investments are rare wen only a year ago they went into SE Asia.

Those funds are very hot money both ways long and short.

Just an observation

BWDIK
Haim
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