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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (121373)9/12/2001 9:08:55 PM
From: Mark Marcellus  Read Replies (1) of 436258
 
Given the extent of the devastation to the back offices and communications, I think we'll be lucky if the system is able to handle normal trading, never mind the short sales. My guess is that the exchanges wanted to wait until Monday because they didn't think they'd be ready before that, and the SEC leaned on them to get things going earlier.

I'm no trader, and you folks are a lot smarter than I am, but I think that anyone attempting anything other than a basic trade (i.e. something where you don't need immediate certainty that it was actually filled) is taking a big risk. Things could get quite messy.
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