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

To: William H Huebl who wrote (32589)10/28/1998 8:04:00 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Bill, open credit to the major brokerage houses is manipulating. The FED must not act as crude as Hong Kong and buy shares or future contracts in the open market.

The brokerage firms due it with the money/credit received from the FED.

How would you call the Long Term Capital rescue, or lowering interest rates 1 hour before option expiration??

Oh well I did not had *&^ as legally defined <gggg>

Haim



To: William H Huebl who wrote (32589)10/28/1998 1:24:00 PM
From: Tom M  Read Replies (1) | Respond to of 94695
 
Hi Bill, like Haim said in his response, "lowering 1 hour before expiration" doesn't pass the smell test for me. I don't think many of us would have had anything to say if it were done on Monday. I do think we have a feeling of what was going to happen by close that friday (and maybe into the next Monday) however.

Oh well! That's the way the cookie crumbled...

regards,
Tom


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