"Profit from your knowledge!"
The Bull Bear Trader discusses market events and news with an interest in understanding risk and return in both bull and bear markets. Discussion topics include trading and hedging strategies, derivatives, risk management, hedge funds, quantitative finance, the energy and commodity markets, and private equity, as well as an occasional investment opinion.
Friday, March 28, 2008
Window Breaking?
Art Cashin (while on CNBC) talked Friday afternoon (63/28/08) about how for the end of this quarter there may be more window breaking, as opposed to window dressing - i.e., since the hedge funds are more short than long (his observation), they are more likely to short more near the end of the quarter, thereby driving the prices lower, allowing their end of quarter results to look even better. The change in the uptick rule will only increase this effect. We shall see.
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