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To: Cynic 2005 who wrote (8714)10/15/1998 5:22:00 PM
From: yard_man  Read Replies (2) | Respond to of 86076
 
Leave you guys to mind the store and look what happens ...

(Thank goodness I took some profits last week and I was worried about not having enough puts! Let's have a short round of applause for BBY, WLA, LU and EK)

Market is in really deep stuff now, eh?




To: Cynic 2005 who wrote (8714)10/15/1998 5:40:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 86076
 
How do we know that Greeny hasn't done damage to another group of hedge funds who are short US stocks?

Because my guess is that they covered on 10/08/98. You know the day the dollar and long bonds got killed ....worse drop in 25 years I believe. That was the opportunity they were given to get out of short positions. Market engineering IMHO.

Monty



To: Cynic 2005 who wrote (8714)10/15/1998 5:45:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 86076
 
MMV-
Have you thought of puting some of the utility stocks?Won't utility stocks become less attractive with rates going higher?PEG Mar 30 puts are 5/16....

B*