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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (957)9/29/1999 10:57:00 PM
From: ahhaha  Read Replies (2) | Respond to of 2794
 
What you have said is part of the determining equation. What I had said was that the determining equation should not determine what you do. You will never know how the equation's factors impact what you do. You can afford this or that. Then you start looking. What you end up with has nothing to do with the factors. They're all contained in what you think you can afford. You don't know what you will be able to afford in the future and that is the only way to have confidence in what you decide to do today. So you can't have confidence in factors determining what you think you can do today. You just do it and discover later you were wrong and it wouldn't matter anyway if you had been right.

This thread won't get active until fed funds are asked at 8% which is sure to come given FED's policy for imbeciles. Actually the mass of derivatives doesn't get into liquidity problems unless the change in interest rates is fast enough. If Saddam bombs and irradiates Gulf oil fields, all that mass of theory will turn into a house of cards. In that case rates chase gold up, and promises don't keep.