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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Rascal who wrote (6437)7/1/2002 6:27:17 PM
From: Raymond Duray  Read Replies (1) | Respond to of 33421
 
Rascal,

Re: Keep up posting, Ray. I'll pay better attention.

Here's an interesting interchange today in Slate:

slate.msn.com

Minow is one of my heroes. An honest woman. This snake Homey Jenkins absolutely floored me with this line of reasoning:

That's why I love the advent of single-stock futures in the Chicago trading pits. These were outlawed for decades but have come along in the past year or so and should make it easier and cheaper for the average investor to short the next bubble stock. Bubbles will be less likely to occur in the first place—with less temptation for businesses to do dumb or sleazy things.

The bastard is sleazily trying to lead the sheep to slaughter. Disgusting. Here's more truth-in-advertising about SSFs:

nytimes.com

SSFs are a sure road to ruin for patzers who don't understand the unlimited liability they are assuming.

Caveat emptor, or as Wall Street says to people like you and me. "Up yours, sucker!"

Cheerio! Ray