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To: VICTORIA GATE, MD who wrote (54461)7/27/1998 4:34:00 PM
From: Kayaker  Read Replies (1) | Respond to of 176387
 
Hi Victoria. Just out of curiosity, what's your first language?



To: VICTORIA GATE, MD who wrote (54461)7/27/1998 4:38:00 PM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hi Victoria,..Re:<<Bear trap>>

I don't understand your reply. To me, if we have a general market correction which affects nearly all stocks, both healthy and sick, and people see the correction as an opportunity to short a good stock or buy puts, not differentiating the sick from the healthy stock, then it's a trap. Also, they short these stocks even though the fundamentals are solid and haven't changed. In this instance I would consider that a bear trap. Maybe I'm wrong? Please let me know.

Regards,

Lee