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it was rumored to be PIMCO the bond gurus.
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, October 10, 2001 8:27 PM
Subject: [RT] General - pension fund buy programs
> What is the truth of the rumor that it was a pension plan buy program that
> set the ball rolling today? From all the stuff I look at the timing seems
> to be a bit premature for that. I like Earl's explanation of "Exchange
> Stabilization Fund", but there might be another reason. Perhaps a few
weeks
> from now today's move might reflect the movement of a country's treasury
> running to safety. Its been made public that the Saudi Prince has been
> buying AAPL again. Its one of his favorite trading vehicles, in below 20
> out above 40, etc. over and over again. A move like today should have had
> bigger reverberations in the equity options markets, but it didn't appear
> to. It just really smells like someone is trying to terrorize the bears.
>
> bobr
>
>
>
>
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