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To: Burt Masnick who wrote (109398)9/6/2000 5:02:01 PM
From: Jim McMannis  Respond to of 186894
 
Burt,
RE:"Kumar will have learned one big thing from the last two days - that he can move the market big time. He won't forget."

Pretty simple. Just downgrade a bellweather that's near its all time high...

Then buy it back...

Same 'ole...

Jim



To: Burt Masnick who wrote (109398)9/6/2000 5:02:52 PM
From: Ibexx  Read Replies (1) | Respond to of 186894
 
The market was ready to correct anyway after a month-long "stealth" rally. Kumar was simply a catalyst.

However, I admit his timing was superb.

Market seems bearish now, but from the perspective of a micro timeframe, IMHO.

Ibexx