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To: Les H who wrote (138379)12/12/2001 8:42:20 PM
From: NOW  Respond to of 436258
 
Regarding lame excuses: Speaking aout the nikkei``Yesterday's rally was a bit too much. Some correction is naturally in order,'' said Kazunori Jinnai, equities general manager at Daiwa Securities SMBC.

Yep, those daily rallies are sure a good cause for profit taking. PROFIT TAKING? HUH?



To: Les H who wrote (138379)12/12/2001 8:52:15 PM
From: John  Read Replies (1) | Respond to of 436258
 
guess the reporting for open interest is not as timely as volume

Not to me or you. Our accounts aren't large enough to have access to truthful or relevant information. That information is reserved for investment bankers, Wall Street brokerage houses, and others who have the power and permission to control the ebb and flow of the game. -ng-

Over a period of years, I was able to identify quite a few very high probability index plays using historical CBOE data for NDX options. I won't go into specifics, but in general, my work dealt with evaluating daily change in price as compared to put/call option volume changes on a daily basis, as well as changes in the open interest on a daily basis.

Using this data I created a set of mathematical algorithms to project the following day's index direction movement for the NDX. There were 6 situations (4 long, 2 short), using 7 variables, which yielded at least an 80% probability of correctly predicting NDX index direction the following day.

This is all WORTHLESS though, because the options data is NEVER accurate until WELL after the fact. I will NEVER be convinced that this is NOT by design. Investments, especially those involving derivative instuments, are hidden from the general public, and that is a fact.

John



To: Les H who wrote (138379)12/12/2001 11:00:43 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Bad news for McDonald's and Wendy's

Couple want law change to make eating roadkill legal

An Oregon couple are petitioning authorities for the right to eat roadkill.

Sheila Clauson and John Wakeman of Crook County say it's unfair people can't salvage animals killed or injured by cars for food.

It's currently against Oregon law. The animals must be dealt with by wildlife officials.

Ms Clauson told the Bend Bulletin: "We're proposing that a normal, everyday person be able take an animal that's been hit by a car - after calling the authorities - and use it."

Ms Clauson and her husband have started a petition aimed at changing the law.

The law states that taking an animal, like an elk or deer, is considered tampering with evidence and illegal possession of wildlife.

Ms Clauson says her husband recently found an injured buck. He called authorities but was told not to put the animal out of its misery or take it anywhere. The animal died before wildlife officers arrived and its carcass was not removed until a day later.

Ms Clauson says she could have used the meat. She also thinks carcasses could attract coyotes or cause other accidents.

"The point is it made us mad," she says. "Here we have perfectly good meat sitting on the side of the road and you can't touch it."