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To: E. Charters who wrote (83037)	3/8/2002 8:15:01 AM
From: maceng2	Read Replies (1) \| Respond to of 116822

Most interesting. I expect there is a lot in what you have stated there. Really. Thing is, you can only successfully utilize a method or system to make profits provided the rest of the stock market contributors are unaware of it. It's like that uncertainty principle in a way, you have to leave the system undisturbed to get your measure of it. If they all twig into the idea, they compete as successfully for any profits going, and we can't have that!!! Thus we should all agree to keep this stuff to the GPM thread only. If you no longer contribute ideas here, it can only mean you have made your gazzillion bucks and got bored of making money -g-

To: E. Charters who wrote (83037)	3/8/2002 8:24:14 AM
From: long-gone	Respond to of 116822

Thursday March 7, 11:54 am Eastern Time Greenspan-no need to revisit derivatives oversight WASHINGTON, March 7 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Thursday he sees no need to reexamine federal oversight of trading of derivatives, complex financial instruments whose value is tied to an underlying asset or index. In an appearance before the Senate Banking Committee, Greenpsan was asked if he saw any links between lax regulation of derivatives and the spectacular collapse of energy trader Enron Corp. ``At the moment, I haven't seen any,'' Greenspan said. ``Derivatives do not appear to be a smoking gun.'' Instead, the Fed chief said derivatives, properly used, lower risks in the economy and may have helped avoid a ``breach'' in the financial system over the past year. ``There's nothing inherently negative about them,'' he said. biz.yahoo.com