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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: herry iball who wrote (950)6/21/2005 3:23:55 PM
From: Bucky Katt  Read Replies (3) | Respond to of 4814
 
Wow, that guy is long winded... Good read anyway. No, I hadn't heard that report on the futures, but nothing surprises me these days. What will happen when that mystery buyer dumps that position?

Something is wrong, most of us can feel it.
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Quote of the Year

"So far as I can tell, Dembski's argument is just an example of something demonstrated time and again in various disciplines at various accredited universities: If you phrase your argument in mathematical symbolism and technical terms, some people, including other academics, can be counted on to lose track of what the exact connection is between the symbolism and the reality it's supposed to represent. Then they may conclude that your mathematical model proves something ... when in fact that's what your model assumes."

Robert Wright



To: herry iball who wrote (950)6/21/2005 6:03:05 PM
From: Walkingshadow  Read Replies (2) | Respond to of 4814
 
That's very hard to believe.

That's $3 billion worth of contracts. I don't see how a purchase that size could possibly be made without the the market leaving the solar system. And how do you move $3 billion cash that fast, and who has that kind of cash available parked somewhere? And even if somebody did have that kind of cash, their own transaction would move the market far away from them so they'd shoot themselves in the foot.

That's like saying somebody just walked into New York and bought the city, then walked out and came back the next day and bought Boston.

T