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<P>Excerpt from today's Market Rap w/ Bill Fleckenstein at <A
href="http://www.siliconinvestor.com";>www.siliconinvestor.com</A>
<P>mentions Greenspan's latest attempt to rig the markets, in order to keep the
(disaster waiting to happen) bubbles alive. I can't say enough bad things
about this criminal Greenspan. What will he say when the US is plunged
into the next depression that he was one of the chief architects of
? I can't be alone in seeing this maniac for what he is.
<P>----------
<P><B>Hit 'em where it hurts...</B> It's interesting that Greenspan doesn't seem
to notice what the folks at the New York Merc have noticed about heating oil.
This morning, Joanie pointed out:
<P>"Y'all know about the cold snap and the resulting surge in prices which led
crude along, right? Well, <FONT color=#0000ff><STRONG><U>they busted heating oil
yesterday 11 percent in the blink of an eye. How did they do that? (Al. Pay
attention here.) Besides the call for milder temperatures, they had the audacity
to raise margin requirements for February heating oil - are you ready - by a
steep 80 percent, effective on the close yesterday. This margin hike (which Mr.
Greenspan feels is ineffective in controlling stock levels, for example) is on
the heels of a 25-percent margin hike last Friday on crude and products future
trade. So, if you want to weed out the speculators, hit 'em in the pocketbook,
right?" </U></STRONG></FONT>
<P>It just goes to show you that raising margin requirements does cool
speculation, and it's a much more effective tool than raising interest rates. Of
course, when Greenspan raises interest rates he just prints more money, but
that's a different topic. </P></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Jan 25 22:56:58 2000
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From: "Brent" <brente@xxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
References: <388E72BB.D0441506@xxxxxxxxxx>
Subject: [RT] Re: Trading 3's
Date: Tue, 25 Jan 2000 23:39:03 -0700
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Status:
Dennis,
Did you ever try trading in 3 lots as was recomended to you?
Brent
----- Original Message -----
From: "Dennis Holverstott" <dennis@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, January 25, 2000 9:06 PM
Subject: [RT] Trading 3's
> Before I start - below, I use the word "system" because that's my
> orientation but I don't necessarily mean a mechanical system. What I
> really mean is a method that has some sort of rules you follow. It could
> just as easily be a discretionary method.
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