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To: joseffy who wrote (33806)3/21/2007 3:05:54 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
I read a story about Larry Tisch recently, how he lost $2.5 billion trying to short the S&P back in 1995-1999, so I am of the mind just go with the flow of money.
Despite the rhetoric coming out of the FED, they are floating the boat on a sea of liquidity.
When it ends, it has the potential to be devastating, but for now, you can't fight it.

They are blowing the shorts out of the water this afternoon.



To: joseffy who wrote (33806)3/21/2007 3:24:03 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
The put/call ratio was running 3 to 1 before today, with 'investors' loading up on the puts, so now they they have been blown out, and long money is coming in, the big players will look to take the other side of the trade when the long side gets lopsided.

Apply that Cramer video to what we see today and that is the blueprint.
Suck them in and spit them out, short or long, it doesn't matter.

The little guy will never sit at the big table.