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To: Robert Rose who wrote (90376)1/8/2000 5:13:00 PM
From: H James Morris  Respond to of 164684
 
>I also share your surprise, and for the same reasons.
Me too. I think that William's recent bearish stance @ best is one year too early.
How does Wall Street make its $money? By buying stocks not selling them. This trend won't change just because of 3 25 basis point increases this year.
Now, if the Fed does a 50. William's recent change will get my attention.
Btw
I sold off *all* of my Amzn april 90 puts last Thursday.
But, I'm still short on XLA @ 185, and probably will lose my ass, but that's what can happen in any Casino.