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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (6924)1/9/2003 12:04:41 PM
From: GrillSgt  Read Replies (1) | Respond to of 10157
 
Suppose they intend on instilling confidence in the stimulus pkg?



To: velociraptor_ who wrote (6924)1/9/2003 12:49:44 PM
From: mishedlo  Read Replies (3) | Respond to of 10157
 
Asset reallocation out of bonds into stocks.

Todd Harrison a hedge fund manager who has an online site at Minyanville.com after posting yesterday that he would stop out at this level, changed his mind and doubled up short.

Aparently there was a big move out of bonds into stocks today and everyone told him he had to get in on it. Too mush sentiment to get in on it so he changed his mind and increased shorts.

He has 50% bear conviction, was 25% yesterday but leaning towards stopping out.

His call now is fade the move but leave room to add.

M