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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Susan G who wrote (8971)11/28/2001 5:14:54 PM
From: Steve Lee  Read Replies (1) of 99280
 
Is this it?

zealllc.com

That article is BS in my opinion.

It gives no account of why the leverage mentioned is a problem, nor of what must happen to the prices of what in order for JPM to suffer.

Here is my original reply to the person posting that article, explaining why the leverage figures given are not relevant:

Message 16571104

Edit - just seen that you found the article before me <g>. I will follow the other link in your post and see if that sheds any light on the problem.
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