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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (31761)	5/8/2000 7:18:00 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 42523

Yes, the guy in Slate generally has the right idea. This bear will evolve in waves, and we've only completed the 1st (the initial plunge that wipes out the margined clowns). The next wave won't be as dramatic, IMO, but will prove ultimately more damaging, as we grind down for months looking for the end to the Fed's tightening (it will prove elusive, IMO). BTW, HB, if I were Fido or 2-faced (Janus), I'd use the pagentry of tomorrow's earnings release orgy to start unloading those unwieldy Sicko positions to the unsuspecting clowns below. Maybe save a 2nd tranche for the post FOMC shindig.