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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (7169)10/16/1998 5:11:00 PM
From: Mark Ivan  Respond to of 9980
 
Happy Bids,

I tend to agree with you. I have always thought that "the powers to be" run markets up and down to suit them and their option open interest. I spend a lot of time trying to figure out how to piggy back on this. The best I can do is do "eyeball" averages of option open interest and see what the stock price needs to go to to make the most expire worthless. Works well in a lot of cases (if someone like AG doesn't step in)

Mark



To: GTC Trader who wrote (7169)10/16/1998 6:40:00 PM
From: Lee  Respond to of 9980
 
HB,

I think we need to revise the end game of the scenario for a repeat of 1929. Let us face the facts, we are small fry! They already own us! 1929 did the trick.

Enough of the states, now the plan is to own and control the world. To do this they need us. If we are rich they are richer. Its there in the figures too, they get rich much faster than we do. And since it's our money they play with anyway, they want us to be rich as hell. Besides, now they can screw the world and be even more insulated than they were in 1929. Now their country does well while the suffering poor eat bark off of trees. When all is said and done they will all fall in line, just like us, and we'll have to open a bourse on mars to keep the train rolling.

Cheers,
Lee