Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (13543)	9/13/2001 6:45:26 PM
From: UnBelievable	Respond to of 209892

I Was Not Railing Against Big Money For Writing Options I was just making the point that one of the reasons that it was very improbable that their would be a change in the rules concerning options which in some way recognize the erosion in value because of the market closure was that such a change is not in the interest of those who would need to make it. Many alternatives are being considered as the plan to bring the markets back up is developed. I wouldn't assume that the interests of the investors and those of the industry receive equal consideration in those deliberations. Now in terms of the explanations which are provided, that is another matter. For example, if the Fed feels that a special interest rate cut is required who would it benefit if that was announced before the markets reopened and who would it benefit if it remained an uncertainty until it was announced once the markets reopened. In response to your comment to Velo about other reasons for rallies being as stupid, while I can not disagree that many reasons for rallies are stupid, it isn't clear that makes this one any less so.