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Who is Jack B?
Thanks,
Norman W.
----- Original Message -----
From: "Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, October 19, 2001 9:02 AM
Subject: [RT] hedging
> Jack Baroudjian (sp?) says the market is hedging now, and that explosive
> upside moves happen when the hedges come off. Does the COT show this, is
it
> released more often now? Is it simply buying puts or selling futures
against
> stock positions?
>
> I am asking because he said this last night too, stating the market "is
> doing what it is designed to do", as though this is unusual.
>
> I get the connotation that the pros are expecting more downside, but would
> like to know if anyone has specific comments about Jack B's comments.
>
> Michael
>
>
>
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>
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