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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (81806)	10/11/2008 10:10:13 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 94695

If so, then it would make sense to short the stock when you write that Put... but, when it became forbidden to short stock, then those Put writers were already trapped... again, the government's "no shorting" rule only made things worse...<g> GZ

To: Real Man who wrote (81806)	10/11/2008 10:25:28 AM
From: carranza2	1 Recommendation Read Replies (2) \| Respond to of 94695

With the settling of LEH's poison at 90%, costing $270 bn, I am afraid settling the entire dung heap will cost at least twice as much. Probably more. Who can handle that after the past few weeks? Nobody. Ok, the counterparties can sell 0.5% yield tax free bonds good for 500 years, vbg, in exchange for release. Global fiat cancellation, poof/gone, is the only way. Price: you tell me.