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

To: HB who wrote (11722)	12/17/1997 4:09:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 18056

HH, me not know the theory about these bills, bonds and such. I guess it is interesting to see how the auction goes - which the traders use as a liquidity gauge. SPY short? Joe B the market strategist at Grunt et al. thinks the SPY has an upside potential of 3%. Why not go long SPY now and sell later at 100, if there are takers at that time? -g- exchange2000.com and TT has the following to say with which I agree 100%. exchange2000.com I think SPY is relatively less risky short - the pay-off is not much, though! If you can find a turkey in the mid teens, that will be better. Look at Roger Babb's thread. I shorted Citrix - it is not for the faint hearts. -Mohan