SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (52403)9/17/2001 9:21:46 PM
From: Sun Tzu  Read Replies (1) | Respond to of 70976
 
If the trades are related to the terrorists, then the assets will be ceased, the money trail will be fallowed, and the organization will be exposed. So there is no need for anyone to agonize over the political ramifications of the stock market. The stocks will go wherever they will regardless of our individual actions. It is also possible that these stocks were shorted because they were financially weak and people sensed a recession coming. I heard today that up to 8 airlines may file chapter 11 by the year's end. They could not have been that healthy even before last Tuesday. From a trading stand point, it would have been far more profitable and stealthy to have sold the futures of Japan, Germany, and France, and Israel. In fact, the emerging market's futures would have been even more profitable and less traceable.

ST



To: BWAC who wrote (52403)9/18/2001 8:11:42 AM
From: Sampat Saraf  Respond to of 70976
 
BWAC,

"On the day before the Sept. 11 attack, for example, 1,535 contracts changed hands on options that let investors profit if AMR stock falls below $30
per share before Oct. 20. That was almost five times the total number of those options traded before that day, according to Bloomberg data. "

"Similarly, October $30 put options for UAL soared, with 2,000 contracts traded on Sept. 6, three trading days before the attack compared with a
total of 27 contracts before that day. "

For AMR: Volume on 9/10 Greater Than Volume on 9/9
For UAL: Volume on 9/6 Greater Than Volume on 9/10

How can these contradictory facts point to a financial conspiracy, IMHO?