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right now the most important thing is whether the holders of deep puts decide
to exercise and dump more stock on the markets or if they decide to sell the
puts and force the buyers to purchase stock.
Michael Ferguson wrote:
> A reminder that the wildcard for weak hands is Greenspan, who can produce
> the interest rate joker whenever he wants to. Last time he played the joker
> the offer in the SP pit jumped 50$ before the news made it down the food
> chain. Something to remember if you ride the southbound train. Big
> opportunity = bigger risks.
>
> We live in interesting times.
>
> Michael
>
> wl7bdn@xxxxxxxxxxxxx
>
>
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