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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (6665)9/17/2002 10:59:28 PM
From: abuelita  Read Replies (3) | Respond to of 89467
 
did anyone notice that gold rose all day long ???

didn't notice that as much as i did
the other side sinking.

i've got a foot in both camps.

it's getting a tad uncomfortable.



To: Jim Willie CB who wrote (6665)9/18/2002 4:15:42 AM
From: smolejv@gmx.net  Respond to of 89467
 
... re your ballgame ... hilarious (or is it a traditional?) I hear Joe Cocker sing "Let the ballgame begin" (no, not 'healing', 'ballgame')

Re gold - it's not just that it's up, the spot volatility reminds me of T-x seconds before something big happens ("large vibrations reported").

RegZ

dj



To: Jim Willie CB who wrote (6665)9/18/2002 7:29:42 AM
From: Clappy  Read Replies (3) | Respond to of 89467
 
here is how they die
word on WSt has that when the stock goes below 20, capital requirements dictate shedding a significant portion of their derivative book
they balance $25,000 billion in notional value derivative contracts, more than twice their nearest neighbor, more than Citi and BofAmerica combined


This alone seems to be a good reason to play a bounce up in
the stock price for a swing trade or scalp.

Especially if JPM opens below 20.

If there was ever an excuse to prop a stock, your reasons
would seem like one.

If you look at JPM's chart you will see what happened last
time it dropped to 18ish.

It may not bounce as high this time, though.

If it opens in the area of 18 today, it's possible to see a
10-20% pop upwards in the coming week(s) before that $20
level erodes...

Just something to think about...

Is that $20 level/derivative book stuff a rumor or is there
a little bit of fact backing it up? Where did you hear
about it?

<edit> just saw similar $20 level info on another thread, too.

-JackassOfAllTrades



To: Jim Willie CB who wrote (6665)9/18/2002 2:31:35 PM
From: yard_man  Read Replies (2) | Respond to of 89467
 
Re JPM. difference between them an ENE is they masterminded the carp to enrich the likes of Skilling and Lay --- they HAVE to be bailed, Jim. HAVE to ... won't be a bit surprised to see them keep this one floating for a bit.