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

To: Cynic 2005 who wrote (17799)5/27/1999 8:47:00 PM
From: Jim S  Respond to of 18056
 
Sigh. Once again I prove that I'm out of touch.

Thanks, Mohan,

jim



To: Cynic 2005 who wrote (17799)6/3/1999 6:19:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
Tomorrow, 4 June, 1999 promises to be an ugly day for both Bond and Stock markets. Regardless of the spin on unemployment numbers, the issue at hand appears to be "liquidity" problem. Based on the events of the past 2 weeks, it is entirely possible that most long bets are already on the table and most short-bets are off.

The likely question of tomorrow can very well be, "SELL TO WHOM?"

I have qualified this note just enough to avert a "jinx." -g-


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