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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: smh who wrote (44918)6/24/2013 10:15:22 AM
From: Mike M2  Read Replies (1) of 48092
 
In the fall of 1998 Greenspan cuts rate by surprise between meetings during market hours at about 3:45pm before an options expiration. The DJIA promptly rallied 500 pts in 15 minutes and my blossoming puts options were vaporized. The only reason for such a move IMO was to let connected insiders profit from this move. I cannot believe that the markets were in such dire circumstances that the move could not have been done fifteen minutes later after the markets closed .
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