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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (1531)10/23/2000 9:48:46 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 3256
 
Your silly, no good reason for funds to sell,
they won't get a tax write off and just have to pay
cap gains, this was speculators, pure and simple.
The same ones who got in a crack when they got
caught short HON , then shorted UTX, are now short
GE..
Most perma shorts don't have any brains..&
that's a fact. They make a dab once in a while
and then lose it all back plus some.
Market/makers and Broker/Dealers are the pros
at it, & have the inside and up to date
data as to where the retail shorts are at,
trying to beat them over time is stupid.
Jim