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To: Voltaire who wrote (895)1/18/2000 1:49:00 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 35685
 
I have maintained since Aug97 birth of Asian Meltdown that the central risk to western economies is DEFLATION

wage pressure will do nothing to change this huge effect
such wage pressures are in pockets, certain sectors, certain countries

money supply overflows will only satisfy dollarization of foreign unstable economies
the United States economy is now a veritable North American economy, with Mexico a bluecollar state, and Canada a state with rich resources and many high skilled laborers

the reawakening of the many emerging economies recovering from submerged status, this will only temporarily put price pressure on certain critical commodities such as oil, metals, lumber

a couple billion formerly communist workers got dumped on the free world, suppressing wage costs

technology continues to provide big pressures downward on wages and downward on product prices

the deflationary forces are not gone, only temporarily quiet
Greenspan might realize it
I am less sure that you are

man oh man, is QCOM asleep looking inside or what?
do you see any sizeable open interest on the put side?

a rally from upper 130's toward mid-140's wont sate my appetite by Friday, CrackerMan

your back might need what does the trick for me
a woman whose weight ranges between 120-135 walks on your back
does it every time for me, usually after a ski outing
/ jim



To: Voltaire who wrote (895)1/18/2000 2:28:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
on Jan Qcall versus Qput

here is some open interest summary, just significants

strike----open calls----open puts
100----------21636--------21551
120-----------7777---------3458
137.5--------11911---------7735
150----------11377---------9262
160----------15248---------6287
170-----------7976---------1317
200----------10746----------576

we got some sizeable open put interest at 150 and 160
MM's will want to screw them all
some nice put interest out there though
hmmm, Jim