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Politics : Idea Of The Day

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To: Dr.MensaWannabe who wrote (36200)	1/8/2001 9:17:04 AM
From: IQBAL LATIF	Read Replies (2) of 50167

<<I have been curious about this comment. A 40 point move with 280 contracts will not net you a 9 figure loss. So what else happened to him? >> He told me that they lost 11% of the total equity of the fund they manage due to that hike , they must have had huge short positions and were throughly whipsawed...one position on my insistence was this..

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