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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (7722)11/12/1997 7:41:00 PM
From: Jack Clarke  Read Replies (3) | Respond to of 18056
 
Bonnie:
You and I, Zeev, Larry, and many others all seem to agree about this market, but I have learned not to gloat too early, because the dipsters have made a fool of me too many times. Maybe it's not all bedause of the dipsters. An earlier post talked about the Exchange Stabilization Fund

nypostonline.com

and how Mr. Rubin can bail out whomever he wants. The banks have already been declared too important to fail, so I would be leary of shorting any of them, esp Citi.
Like you, I'm long RYURX, but wasn't aware that BEARX is doing a better job. I'll check it out. Meanwhile my OEX puts are giving me a warm glow inside, and I'm having a hard time holding back the smirks. A few hundred points or so, and my Schadenfreude (happiness at the misfortune of others) will start to show.

Our turn's comin'!

Jack