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Agreed. Wasn't really buying into it, but with all the unnamed hedge fund's
in trouble and some of the pricing of the intercomodity spreads definitely
showing a strain, or crisis on the horizan, I guess I thought it could be.
Fool me once....
Thanks for setting me straight Norm.
Gratefully
Mike
----- Original Message -----
From: Norman <nwinski@xxxxxxxxxxxxxxx>
To: <Michael_Knapp/DRW@xxxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, September 29, 2000 11:22 AM
Subject: Re: [RT] Soro's
>
>
>
> ----- Original Message -----
> From: Michael Knapp
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Friday, September 29, 2000 11:52 AM
> Subject: [RT] Soro's
>
>
> RT,
>
> I hope this isn't too much off topic, but I have been hearing rumors of
> Soro's being in trouble. Anybody wanna share anything they may have
heard.
> I hear the US has been buying euro dollar futures to help prop him up.
> Seems a little ridiculous to me, but stranger things have happened. There
> is a big Chinese firm that filed for bankruptcy in China over night. The
> implications of that could be pretty impressive since communist countries
> dont normally let companies go belly up. Any body care to chime in?
>
> Michael Knapp
>
> MIchael,
>
> If I were George Soros, were short Euro dollar futures, and I wanted
> to get out a favorable prices,
> I would start a rumor that big trader or entity was in trouble with a
> long position. Nice marketing.
>
> Cynically,
>
> Norman
>
>
> - att1.htm
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