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To: IceShark who wrote (46587)6/11/1999 3:41:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 86076
 
<<Hey, Dr. Dee, I thought the equity market was supposed to go to hell in a handbasket if we took out 6.10 on the long? WTFIGO? >>

Somebody went to fetch the hand-basket! -g-

<EDIT> Wait, here is the basket. biz.yahoo.com Now the market can go to hell.



To: IceShark who wrote (46587)6/11/1999 4:07:00 PM
From: Defrocked  Read Replies (4) | Respond to of 86076
 
I think the Street knows someone's lifting
yen carry trades to meet redemptions and the
bids were advantageously "backed away" given
the size requirements. Several portfolio managers
I know are even purchasing zeros and off-the-runs
for their personal accounts today.

FWIW I bought some Tbond calls today. And
am now long corn and wheat on today's grain
pullback.


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