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

To: Follies who wrote (29781)	10/1/1998 8:55:00 PM
From: Stephen O	Respond to of 94695

Surely a scam like that will mean a contract on his life. Mr Merriwether had better watch where he goes methinks

To: Follies who wrote (29781)	10/2/1998 2:56:00 AM
From: James F. Hopkins	Respond to of 94695

Thanx Dale; One more piece in the puzzle, now I see why the N.Y. gang got together so fast to pick up the pieces, UBS was likely the other deal Merriwether was alluding too as a possible way out..so the N.Y. gang to cut their losses had no choice in the matter. I don't know about him getting a prize for it, they likely will want to put him in jail, or hire a hit man to take him out, I'm sure I would not want to be in his shoes right now. In fact I wouldn't even want to get on the same plane with him if I was taking a trip. <G> Jim

To: Follies who wrote (29781)	10/2/1998 3:23:00 AM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Dale; I bet I saw this LTCM taking her last stab at the market the day I posted ( about the 4th ) that some one was going nuts shorting in the futures pits, posted it on this thread, my words were like man it looks like they are desperate , and I said at the time it was likely a hedge fund who had lost their butt in some foreign bets, and was tossing every thing they had at shorting the futures in this market. I even saw the trap spring shut on them, and said the market would go up ..and it did, and I bet that was LTCM I saw walk into the trap. So the N.Y. gang did more than just take LTCM over, they trapped him just like they did the Hunt Brothers some years ago. Not every thing we have heard about this deal is true, well maybe that's not right, but I'll bet we haven't heard the full truth. Somebody on the other end of his stupid bet has already collected a bundle they don't want to talk about. That or Merriweather when shorting on the 4th with the funds money was buying like hell for his privet account. There is a lot of that happens with most of the mutual Funds nowadays. The SEC don't require fund managers to report their personal trades like insiders. Jim