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To: pater tenebrarum who wrote (99665)5/4/2001 2:25:34 PM
From: Charles P. Hubbard  Read Replies (1) | Respond to of 436258
 
"what goes around, comes around". welcome to 1930 again.



To: pater tenebrarum who wrote (99665)5/4/2001 2:30:50 PM
From: benwood  Read Replies (1) | Respond to of 436258
 
24-Mar-30 276.40 287.90 275.00 286.20
14-Apr-30 293.40 297.30 289.30 294.10
29-Dec-30 160.30 168.00 158.40 164.60

The party lasted three weeks following those comments, and by the end of 1930, the DOW was off 43%.



To: pater tenebrarum who wrote (99665)5/4/2001 2:33:09 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Nice! Beautiful bit of rhyming history there....



To: pater tenebrarum who wrote (99665)5/4/2001 9:14:54 PM
From: John Pitera  Read Replies (2) | Respond to of 436258
 
speaking of speculation........Options trader Jay shartiss pointing out what Larry McMillan had to say Weds.

Some very good observations regarding Wednesday option activity were made by "Option Ayatollah" Larry McMillan. He commented that his list of "active" options was one of the biggest he has printed in the seven years of his letter, and called it an "option buying mania" and "ridiculously speculative action in the low priced tech stocks." McMillan was undecided as whether to label all this a negative or not. I think it is most properly identified as topping action -- a warning.