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

To: John Hunt who wrote (8735)11/20/1997 4:48:00 PM
From: Jaxax  Read Replies (3) | Respond to of 18056
 
The Expiry Blues,

To the tune of "any good 12 bar blues song"

I got the expiry blues
They're the meanest blues around
Got the double witchin' blues
My net worth is goin' down
Throw your logic out the window
Now "bearboy" don't you frown

Well I had me some good puts
The P/E's were outta sight
Japan was in the doghouse
The bulls were not too bright
Bulls say "I love you man"
But you ain't gettin' my Bud light

Well I just can't follow the "trend"
I'd rather be broke and right
I should just smack myself with a hammer
Give some cows some sweet delight
Well I couldn't buy the time value
So I'm here in a terrible plight



To: John Hunt who wrote (8735)11/20/1997 4:51:00 PM
From: Bonnie Bear  Respond to of 18056
 
John: CNBC at lunch: Manager of Tiger hedge fund (2nd largest in the world) says he is 80% short in all equities markets at this time. Also, traders interviewed made comment about the huge amount of new offerings and paper that had to sell this week, and that most of the price movement associated with double-witching was done today. One commented that they were having trouble selling stocks on the floor at a decent price prior to today because of the low volume.


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