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Strategies & Market Trends : Guidance and Visibility

AAPL 260.36

-0.7%

Jan 7 3:59 PM EST

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To: 2MAR$ who started this subject	7/28/2002 6:06:45 PM
From: Teri Garner	Read Replies (1) of 208838

JPM Derivatives Monster Crashes This week the stock of elite money-center bank JPMorgan-Chase plummeted. Will JPM's precipitous plunge adversely affect its enormous derivatives positions? What an extraordinary week in the markets! It is not every week that the stocks of major money-center banks crash, frantic rumors fly of derivatives meltdowns and secret Federal Reserve meetings, and investors and speculators are left gaping in awe. As the ancient Chinese curse said, we certainly do live in “interesting times” and there is seldom a dull moment in the greatest bear market in three generations. zealllc.com

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