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To: Jack of All Trades who wrote (68554)	10/13/1999 12:39:00 PM
From: KeepItSimple	Read Replies (4) of 86076

>and dropped some 150 pts on the DOW that Friday.... 150 points is nothing. The real carnage didnt begin until monday. The bond is now 6.26. Stocks are still holding water. But, look at the options premium for nov expiration. The volatility premium is HUGE and skyrocketing. Everyone knows this scam market is going down hard soon, but everyone also knows it wont happen this week because of the manipulation. Remember, options are what runs this market. 10:1 derivative leverage.. even the fed said the best way to prop up the market in a crash will be to buy futures like crazy.. not the actual stocks.

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