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To: accountclosed who wrote (70033)10/19/1999 3:21:00 PM
From: Defrocked  Respond to of 86076
 
Today was not an impressive
day for stocks. Staying short seems
a lot less risky than being long here.
I am and will be short SPoos into tomorrow.

BTW, did you happen to notice that bonds
apparently ""were ahead of themselves" on
Friday when they were at 111-28??? For the
record I wasn't short but that would have
been a great trade. A trade initiated there
would only have had 4 ticks of upward pressure
to 28 ticks of downside opportunity. FWIW.