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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (16914)	11/1/1998 12:24:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 18056

Zeev, there was no danger of a meltdown at all. Market bounced from an oversold condition and were prone to retest the support levels. We would made higher lows in an ordinary fashion. Now we are in an euphoria mode again with negative fundamentals, and that is BAD!!! Again the FED acted intentionally to save a few and saving their "friends" in mind and that is their crime. Would highly suggest to read about mechanical/computerized arbitrage, pair trading and volatility selling. Aside read this and tell me if it is not inside trading practice which I asume is perfectly legal right??? FOCUS-Firms got early peek into secret LTCM books (Goldman Sachs and Merrill) biz.yahoo.com Haim

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