Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 39.19

+8.3%

Nov 26 4:00 PM EST

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To: Kirk © who wrote (7819)	3/14/2003 2:27:52 PM
From: Chip McVickar	Read Replies (2) of 207048

>>I have confirmed via three of my most credible sources that the NY Fed and the Treasury's unit to maintain financial markets stability, working with European and UK reserve bankers, purchased over two days call options to the leveraged amount of $500 billion to prevent a options-expiration meltdown. Yes, I wrote one-half a trillion dollars, which would equate to about 420 points on the DJIA nd ~45 points on the SPX. << Bottom Line Doesn't matter who the hell buys anything..... Markets Always Right Getting regimented to a Bullish or Bearish mental slant wastes your time.... This guys working up a sweat over nothing.... Probably selling gold coins and survival foods

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