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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (36588)1/21/1999 6:27:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
He did his thing and helped his buddies out of LTCM,,
and kept her up for tax time, but for now the rest of
the market can go to hell as far as he cares,..
IF YOU SEE the after hours stuff I just looked at you would
know now why I had the hammer cocked..I shorted all I could
short by 10am this morning.
Even IBM is getting killed as I type this, it's bloody.
The hedge funds did an end run on the arbitrage indexers
late today, They dumped the futures at the last minuet,
then went to selling stocks after hours..they will be buying
futures on the low in the morning. And may even buy stocks
when they hit bottom tomorrow..( if panic don't set in )
Sure is some wild stuff going on.
Jim
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