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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 (32609)10/28/1998 8:26:00 AM
From: Andeveron  Respond to of 94695
 
>> The FED must not act as crude as Hong Kong and buy shares or future contracts in the open market. <<

Sir Donald of the HKMA has learned well the ways of market handling but it was only because he learned it from the masters, the FED. Using futures leverage is only one earmark of intervention, especially when extraordinary numbers of contracts are involved. That, and the fact that the futures buying seems to come at the most "opportune" times and when the end of the world seem nigh.



To: Haim R. Branisteanu who wrote (32609)10/29/1998 6:06:00 AM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Yeah, and if they were acting on YOUR side I'll bet we would hear much of a complaint.

Sure, they killed my put options for me! But that why I buy cheap puts and can let them go.