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To: westpacific who wrote (3918)2/25/2003 8:35:24 PM
From: LPS5  Respond to of 11447
 
So do they, or don't they, intervene directly in financial markets?

I've heard two things so far, and I want to be sure I have it right. I mean, the Federal Reserve providing liquidity in times of duress and the SEC giving broker-dealers extra time to clear trades - well within their respective purviews - is not the same as a secret governmental body telling large banks to buy tens of thousands of contracts or shares in order to stave off a meltdown.

Which is it? A little from column A, a little from column B?

LPS5



To: westpacific who wrote (3918)2/25/2003 8:36:55 PM
From: Win-Lose-Draw  Respond to of 11447
 
just apply common sense

ok. let's start by applying it to your 50% core short position. if you believe in the PPT and their unlimited supply of fiat dollars why are you trading against them?