hedge night tuesday, page-74

sucker rally? maybe sucker both ways? I mean, it was well flagged that many hedge funds would need to sell assets to pay redemptions. So, if the big insiders did what they usually do if its known someone has to sell in a hurry, they would have sold down prices ahead of the hedge funds in trouble - the insiders knowing they could buy them back at a later date far cheaper. That might have been the sucker decline. And maybe the rally is the buying back phase, coupled with a lot of short covering. There were already a lot of open short positions prior to the credit crunch. Thats the trouble with paranoia.. you have to question even your initial paranoid theries.. and then question the next ones.. til you fundamental lumen looms very close..