
Quote from Pekelo:
Quote from Pabst:
You're using many fallacious arguments.
Not my hobby, I almost never do. I will give you $10 for each you find.
First off Peklo, there's survivorship bias in many of these "trades." IOW's if I look down the list of WTC tenants and find large put buyers in one or two, what about the others?
Good point in a different way. Can you or the SEC show us that there were huge put buying in the scale of 50-80 times of the daily average in other stocks completely unrelated to 911 in the previous week?
Also, I would like to see that fundmanager gentleman's trading records going back a few years back to see if he did similar putbuyings on the same magnitude.
Also I would like to ask what is the point of buying puts and stocks at the SAME TIME, but I will ask this in the option section.
Cantor was the only firm that was close to being WIPED out and their stock (espeed, the Treasury trading platform) rose the days before 9/11.
I fail to see your point. That nobody bought puts on it? hell whoever did the buying they diversified, but they couldn't diversify
into everybody.
HAL which is a conspiracy nuts favorite was salvaged not only the next week but for the next year.
Again, must be my bad, but I don't see the point. Unless you are explaining away stocks, that nobody complained about.
As far as "luck", UAL was breaking down for weeks into 9/11. Surprised there were put buyers?
To the magnitude of 70 times of the usual? By the way what's the story with the other 2 companies I mentioned? You carefully left them out (so did the SEC), because you don't have an answer for it.
As far as probabilities, ...
Here is a better, but unrelated probability question:
What is the chance that exitpolls don't work in states where there is an electronic machine without papertrail, but they work perfectly (agreeing with the final result) where there is a papertrail?![]()
Quote from Bitstream:
pabst, u dont understand impulsive greed apparently; i thought u would after all these years in the mkt...well, on second thot that doesnt really come as a surprise.
Quote from Pabst:
Nothing impulsive about someone who had $4,000,000 at the ready in an account to buy premium.
Bottom line Bit. The 9/11 Commission issued a report. There were comprehensive findings contained. You can choose to accept the report or not. However you offer nothing factual in rebuttal. I realize this is a message board but by the same I feel little need to speculate outside of trading and gambling. A discussion of unknowns is pointless.
You're a talented guy. Take some time off and work on an investigative piece. I mean it. I suddenly quit trading in '04 and ran for Congress. I'll never have an experience like that again. You know markets. That in itself would give you a leg up on most of the shoddy bloggers I've seen attempt to explain these 9/11 trading issues. I doubt you'll find much but here's the opp to stick it in people's faces......
Quote from Pabst:
You never answered my question bit. If YOU had bought a few UAL puts do you think your name, address and "reason" for placing the trade should be in the public domain? If you say yes that the SEC should go public with people's trades then I'd have to examine who's the REAL fascist.
If anything you live in a place that's SUPER fascist compared to the U.S. Just look at my day today. Woke up, drove to a gun shop where I purchased a strap for my LEGAL automatic rifle, got back in the car and fired up a joint and went to the racetrack where I was able to bet on the Alabama being run 1000 miles away in Sarasota. Just another day in dictatorsville. It would be funny except 200 miles from here is REAL fascism. In Havana today no one was cruzin in a 350Z convertible buying a firearm accessory and betting on a horse race. Once again Bit, focus on the REAL rather than the illusionary.
Quote from Pabst:
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What I find weird Bit is that people focus on the bullshit instead of the real conspiracies engulfing us. IOW ridiculous stuff like WT7 or Katrina get's the attention of every juvenile blogger around. But where's the honest, factual discussions about Israel's immense influence on American/British policy in the Mid-East? Or think of how little American's know of deals with Cuba that kept Russian missiles out, Castro in and Guantanamo operational. Those treaties and agreements are VERY opaque.