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To: sammaster who wrote (182007)7/22/2002 1:04:29 PM
From: patron_anejo_por_favor  Read Replies (4) | Respond to of 436258
 
Flush or no, I just covered all my shorts except MBI, and sold my remaining poots. If I'm wrong, well, cash ain't bad either...<NG>

I think dirts will bounce with everything else as long as the dollar stays weak, but we'll see...



To: sammaster who wrote (182007)7/22/2002 1:16:46 PM
From: stan_hughes  Respond to of 436258
 
If we're going to get the big puke today, it should ideally occur post-3PM on a massive increase in volume, with an accompanying fast market reversal before the close.

Otherwise we're going to be running this same play over again tomorrow morning except from a lower level, and we'll keep doing it again and again until it finally does puke. Greenspan and PPT, are you reading this?

FWIW I'd like to start hearing stories at the same time about some big honchos getting sold out. IMO the floor traders will not shift to long until they know the last of any big hairballs are out of the way and the coast is clear