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marty_lewis

05/16/01 9:28 PM

#1401 RE: Francois+Goelo #1399

I have a feeling that the shorters are going to be in for a rude awakening. The dynamics are there. The short positions are the largest they have ever been in the nyse, amex, and naz. there is an absoluutely incredible amount of cash sitting on the sidelines, and with interest rates getting so low, (and supposedly going LOWER) it has nowhere to go but into equities. also the margin positions are nowhere near the levels they were before, so there's a lot of power than be brought to bear on the longs side. todays action in the markets may just be the beginning of an absolute bloodbath for the shorts. it will be interesting to see how it all plays out.