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To: Defrocked who wrote (20508)2/19/1999 10:35:00 AM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Seriously, as tenacious as this bull market has been did you expect one of the darlings to take the market down overnight?

It has been my experience -- look at the two most recent semiconductor "melts" --- that these things take a little time to simmer ... for my money I'm going to stay with shorts (puts) and let this dude simmer ...



To: Defrocked who wrote (20508)2/19/1999 11:04:00 AM
From: Terry Whitman  Read Replies (1) | Respond to of 86076
 
>I'll short Tbonds for now instead of stocks<

Do you think the short to long spread will narrow by the short end rates rising- or do you think both Long and short term bonds are bearish?

EDIT - I see that they are pressing the accelerator down on the 'Micron Turbo Hype'. I prefer to stay off the road when this car approaches. -g-


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