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This makes me want to buy s&p puts
There is info here on gold too so don't read it if you don't like it.
>From: LePatron@xxxxxxxxxxxxxxxxxxx
>To: trdoptions@xxxxxxxxxxx
>Subject: BULLETIN !!! MIDAS BULLETIN !!!
>Date: Fri, 15 Oct 1999 11:07:35 -0400
>
>Le Metropole members,
>
>Sources tell the Café that there were BUY imbalances
>on the major Dow stocks on the opening of the stock
>market today. We strongly believe the Plunge Protection
>team headed by the New York Fed's Peter Fisher is at
>work supporting the stock market. It is our opinion
>that they know the market is going down, but they
>want it to do so in orderly manner.
>
>They are probably doing the same with the gold market
>(stopping it from going up). All they are doing is trying
>to buy some time. This is good for gold bulls. Time to
>buy cheap gold and cheap junior and baby gold stocks.
>
>GATA Treasurer, John Meyer, sent me the following
>from the well informed www.kitco.com website. This
>post makes a lot of sense and explains why the gold
>market has not taken off after such incredibly
>bullish PPI figures. On that line, well informed
>Café sources say we have another bombshell coming
>soon that has to do with an upward revision in
>the employment cost numbers.
>
>
>Date: Fri Oct 15 1999 07:19
>SteveIS (Greenspan is working with Europeans) ID#297380:
>Copyright © 1999 SteveIS/Kitco Inc. All rights reserved
>
>The Europeans want the US stock market down. They
>are pissed that Greeny hasn't had the Cojones to
>pop the bubble much earlier. When they made their
>gold announcement it was aimed at the US bubble markets.
>
>Greeny went to them after the gold explosion and said
>help drive down gold so some of my boys can cover. So
>they said only if you start to pop the stock bubble.
>
>The timing of Greenie's annoucement is astounding.
>This morning is settlements for October S&P options.
>The pros are the ones short all the puts which
>suddenly are in the money. Greenie is telling the
>pros to back off. The PPT isn't going to help them
>anymore.
>
>The stock market is going to get real ugly real fast.
>They may step in to slow the fall a little but not
>to much.
>
>The gold bull is just begining. Don't get shaken
>out by little squiggles.
>
>We aren't in Kansas anymore.
>
>namaste'
>
>More on this over the weekend.
>
>More Tiger Talk: another source from within the Hedge
>Fund Mafia has told the Café that Tiger is shutting
>down the end of the month. All I can say is that is
>what we are being told.
>
>Report from the Comex gold pits: Goldman Sachs is
>offering 100 lots and attracting selling. Then,
>they go upstairs and put buy orders in on the
>OTC market.
>
>
>
>As reported to you previously in the Café and
>now confirmed. This just out from Reuters:
>
>GOLD FIELDS SAYS BUYS BACK BULK OF GOLD HEDGE
>POSITION, SEES GOLD PRICE UP
>
>"Having looked at all the fundamentals of the
>current gold market…It seems inevitable to us
>that higher, IF NOT MUCH HIGHER, gold prices
>are available," said Gold Fields chairman Chris
>Thompson.
>
>BARRICK- get with the program. I suggest that all
>Barrick shareholders inform Barrick's CFO of
>Chris Thompson's remarks. Time to put some heat
>on him.
>
><A HREF="http://www.LeMetropoleCafe.com/scripts/products.cfm";>Le Metropole
>Café</A>
>
>All the best,
>
>Bill Murphy
>Le Patron
>http://www.LeMetropoleCafe.com
>
>
>
>
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