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


To: Haim R. Branisteanu who wrote (10171)11/22/1997 10:36:00 AM
From: William H Huebl  Read Replies (3) | Respond to of 94695
 
LOOK OUT BELOW!!! Haim, you are right if Yamaichi Securities Co Ltd goes belly up... this gives some credence to our neg forecast in a seasonally strong period...

I am going to check out puts!

Nothing on the wires except what you found...

Regards,

Bill



To: Haim R. Branisteanu who wrote (10171)11/22/1997 11:16:00 AM
From: Teddy  Read Replies (1) | Respond to of 94695
 
NYSE ADMITS: THIS IS ALL MAKE BELIEVE

NEW YORK--New York Stock Exchange
officials released a statement Monday
admitting that the exchange, one of the
primary means by which the nation's economic
health is measured, is in reality a made-up and
largely random mishmash of numbers and
meaningless statistics. "The whole 'stock
exchange' idea came about around the turn of
the century at the request of publisher William
Randolph Hearst, who was looking for
something to fill the back half of his New York
Journal," NYSE's Ian Silver said. "So a man
named Henry Tillman came up with the idea of
a 'stock-ticker' device, which spewed out
reams of bogus numbers for Hearst to reprint."
NYSE has no plans to disband.