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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (1802)12/19/1997 7:58:00 AM
From: Staff  Read Replies (1) of 5676
 
Arik... wow... sounds like you pegged a few pretty nice trades.
The CSCO puts have to make you feel pretty good?

Just taking a look now. See another firm in Japan bites the dust.

Wow... Asia got crushed last night. Japans close to that margin call 15,000 mark again for all their big banks.
Looks like one more weekend and no golf for the CEO's there :-)

You know... if you're going to file for bankruptcy.. wait till Monday. If I'm an employee, call me and tell me I don't have to go to work Monday. Don't tell me Friday and ruin my entire weekend :-)

maybe that's why they are toast... no forsight you know!!

This banking mess is really scary over in Asia. I cannt beleve the corruption inside such high and mighty halls. Sounds like most are just a bunch of crooked bookies. But it's no joke when you condsider that Japans economy is larger than all the other Asian economies combined.. That my freind is is huge huge.
If they can't raise enough glue to keep it together, the fortune cookie will crumble as they say and take the entire shabang down with it.

That will be the day of the big Kahuna maybe.!

Let's hope we can just get a little Kahuna a few more thousand ticks in the March S&P. That would make my weekend.

Have a good one.

PS.
Shorted Bank America and Citicop. Never saw the ORCL and CSCO crash & burns coming. .
The bank trades where no brainers. If Japan's banks are in trouble...trust me ...our big names are not far behind.
I have a question for you.

If you where smart enough to see the CSCO debacle coming.... why not ORCL as well?
You getting sloppy or just holding back on me?<gg> Just kidding you... good trade Erik... Nice job! Let me know if you see any pigeon stocks out there that are close to having their feathers plucked a little.

Have a good weekend....
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