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Strategies & Market Trends : Canadian Options

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To: Patrick McDonagh who wrote (918)	3/25/1998 3:05:00 AM
From: Tommy D	Read Replies (2) of 1598

I have commented before on the mess created with the referendum results. Can you assure me that if I take a position in the TSE 35 options or puts, that I will have a fair chance to realize upon my profits or losses when the results of an election or referendum are known. I got killed on the last referendum because of in my view the system, did not allow me to trade my options for a couple of hours when the market opened after the referendum. If you want to talk about education, talk about educating people as to when the system won't work so at least they will understand the risk going into the investment. If anyone had told me that I would not be able to trade my options and puts for approx. a two hour period after the market opened after the referendum results, I would have seriously considered whether to invest or not. I understood that it was an open market and I could trade the options and puts. I was wrong and in spite of my brokers apologies, I lost money from your system so don't talk education until you have a system that performs. TommyD

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