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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (764)7/29/1999 9:54:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 1438
 
Larry, I think you are right, but there might be a "fight at the Maginot line". I think that the bandits did not have enough volume to lay out the full hedge, so, if the market "cooperates" you may still see a "news induced" rally from Maginot so they can finish their hedge, IMHO. It is a lengthy process when the volume is low.

Zeev