Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Jerry Olson who wrote (1814)	7/2/1997 12:46:00 PM
From: Jan Johnstone	of 94695

According to Briefing, some hedge fund bought $3 billion dollars of at-the-money PUTS this morning in the bond market, the floor traders are still talking about it. I thought a steady Fed was a sure thing, some hedge fund manager disagrees. Jan

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