Replies to post #110769 on ajtj99's Market Pulse

[ajtj99]

JD, 2000-2002 I was mostly playing puts, with lots of success.

I recall one of the most harrowing times was the day trading opened back up after 9-11. I was trading options that day, and I made some great coin on the huge swings.

[ajtj99]

JD, I guess the money market fund you were talking about last week that didn't have enough money to redeem deposits was one of GE's. Mish writes about it today:

http://globaleconomicanalysis.blogspot.com/2007/11/ges-enhanced-cash-fund-breaks-buck.html

He also has a nice write-up on the new accounting standard for level 3 assets, which takes effect today and applies to all companies who have fiscal years starting after today.

http://globaleconomicanalysis.blogspot.com/2007/11/fasb-157-partial-deferral-implications.html

Look for some big write-offs in Jan/Feb earnings reports