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To: 10K a day who wrote (101072)	4/15/2000 6:47:00 PM
From: KeepItSimple	Respond to of 164684

Actually, it was greenspan's "repayment" to the big banks that agreed to take a risk and bail LTCM out of the hole. I remember reading a few articles that showed massive buying on futures that afternoon.. options that were literally no bid, but were being gobbled up by the truckload. I wonder if easy al offered a bailout package to the poor suckers who sold them the calls naked, figuring it was a safe and easy way to collect some premium from the rabid buyers? --------------------------- remember the interest rate cut 15 minutes before options expiration that caused the market to surge 5% in 5 minutes? that was no accident. LOL!!