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

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To: James Strauss who wrote (98698)9/10/2002 11:29:34 AM
From: Casaubon  Read Replies (1) of 99280
 
James,

I know at some level you must realize how ludicrous and irresposible that statement is because, you have been in the game a long time.

If people rally a stock to unrealistic levels it is the same thing as throwing money away. In this instance, if people do as you suggest, it would potentially be giving money to terrorists. Consider this: If you rally a stock for no other reason than to have a big green day, there may be a terrorist taking on the short side of the trade. Since the rally would not be based on fundamentals (because it is merely a feel good rally), the short side of the trade would have a high probability of paying out. I am not implying that shorts are terrorists. I am merely trying to point out the folly in your statement.
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