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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (14406)	11/16/1997 8:24:00 AM
From: Nayson Khoshnood	Respond to of 50167

TT-His S&P trade on 12th evening, history of creation of paper trades and manipulation to fool every threader. I am anxiously waiting for his response- this is now the third week from 2nd Nov that S&P contract was changed. I being a small trader was surprise to see instead of one two long puts. Every one knew that contract is 250$. I hope you know consequence of a 10 point move in this contract? TT asked me if I am a he or she what I see from his three days post he is a poor man I have all my sympathy for him but to get expose like this is unfortunate. Now look at his post how cheekily he wants to see a 40 point decline and make a profit with 500$ each point each contract without realizing he is that he is putting a foot in his own mouth. This is `slight of hand' . Don't you offer explanations on his behalf, let him explain his actions lies lies and damn lies. For last two days he has been after Ike like a wolve now he gets the first jolt the non-existent contract was 250$. Lets see further he is not happy what this paper trader goes further to add injury to insult he posts this trade when market is limit down. This trade originated when OJ posted that market is down limit true to his color he told OJ you know I am short S&P futures , now none of his earlier posts have any reference to this trade. He fools everyone and next morning again foolishly says his signals are turning bullish. Next morning if he was short S&P the market opened up, it hit 921 he must have been bloodied in the middle if there was any trade and 11.00 in the morning wants to go long, soon after he writes this the market tanks, we never hear about his imaginative trade again. His longs disappear, it is trading like this which makes `bears' life difficult. Letter1- Futures are down music to his ears! To: +Options Jerry (14082 ) From: +Tom Trader Wednesday, Nov 12 1997 5:24PM EST Reply #14090 of 14406 >>In fact they said the Dec futures are lock limit down as we speak...and could go to 30 then 45 before its all over with...<< Music to my ears--OJ!!! Please tell me it will happen Letter 2- Step two- of his deceit- he creates a trade- Now 6.05 he sees markets solidly down and fabricate a trade which has never existed before in any of his post, he tells OJ `But as you know I am short the Dec S&P futures and it is already showing a healthy profit at this point--so the idea that they might open down 30 points is just too good to contemplate; remember that is $500 per point per contract. Now may be they open down 45-70 points--ohh there I go being irrationally exuberant yet again:)' To: +Options Jerry (14092 ) From: +Tom Trader Wednesday, Nov 12 1997 6:05PM EST Reply #14103 of 14406 >>I'm holding calls and shares....nix to you!!! Hi OJ--sorry if I came across as irrationally exuberant even as you were concerned about you long positions. I have some of those too--and they have been creamed--despite being protected with some OEX puts. But as you know I am short the Dec S&P futures and it is already showing a healthy profit at this point--so the idea that they might open down 30 points is just too good to contemplate; remember that is $500 per point per contract. Now may be they open down 45-70 points--ohh there I go being irrationally exuberant yet again:) For all I know they'll end up opening limit up. Letter no 3- Now this hero of many writes at 10.23 next morning on 13th - S&P is strongly up his imaginative trade is under water by thousands of $'s and he writes- his signal are long market tanks within two hours to rebound back and close at 918. To: +Kevin (28304 ) From: +Tom Trader Thursday, Nov 13 1997 10:23AM EST Reply #28309 of 28502 Hi Kevin--good to see you back Your signal for today is within range of my buy point--but my feeling is that we will not trigger it today. However, given that I thought that yesterday we would get a buy signal on the futures and then the market sold off -- it is clear that my ability to read daily fluctuations has not improved. Take care--we do miss your posting PS. This is his contribution and trading for three days- I have ample record but I am waiting his response. Load of rubbish and he calls himself intellectually honest and a trader. I will post his record of S&P between 20th and 5th soon, much more interesting and full of contradictions. This is fooling around with people and threads without immunity I told Ike about him thru an e-mail after Bart checked him on one of earlier attack on Ike. However Ike refused to posts these trades and has sent me three e-mais to finsih this but this guy is fun every bit of it and so unreal. I assure everyone he will not be able to do this any more. His friends will need to take a cool glass of water now but don't you worry this man is `paper tiger and a back-trader'. I will watch his trades like a hawk. To: +anolan (28166 ) From: +Tom Trader Tuesday, Nov 11 1997 2:41PM EST Reply #28185 of 28502 Good day Nemer, Kevin and Don One of the systems that I use occasionally for intermediate term trading of the indexes will give a buy signal today on the SPX if the the index closes up for the day. My system for trading the futures still remains on a sell--but I have decided that when it triggers a buy signal--assuming that the other system also triggers a buy signal today-- in addition to going long the futures I shall also go long some OEX calls. Let me know if your systems trigger a buy signal--trying to use all of these to hopefully offer additional confirmation. Kevin--you and I don't have cute names for our systems--like Don calls his "Guitar" and Nemer calls his "Red Dog". I think that it is time we got similar names -- don't you think:) I think that Lisa is the one to suggest names for our systems. PS- We don't know where that S&P trade has disappeared. It was not there at the first place.