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Did bin Laden short stocks? [my headline]
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| 9/14/01
Posted on 09/14/2001 8:05:05 PM PDT by NativeNewYorker
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To: NativeNewYorker
What are they gonna do? Bust him for insider trading?
To: NativeNewYorker
Thank you for the great post. This could be a real piece of evidence against the perp.
To: 11th Earl of Mar
Actually, this could be a real piece of evidence pointing to prior knowledge of the attack. It could be very important to coalition building.
To: Clinton's a liar
If this is true, we should all buy tons of stocks on Monday so Osami loses his shirt (or rag).
5
posted on
09/14/2001 8:11:27 PM PDT
by
Crispy
To: 11th Earl of Mar
What are they gonna do? Bust him for insider trading?They CAN take all his money. This makes it that much easier to find.
6
posted on
09/14/2001 8:13:55 PM PDT
by
xm177e2
To: NativeNewYorker
Very interesting, the ascetic, anti-capitalist, anti-materialist Bin Laden is short selling stocks, while his ascetic, puritan, suicide hijacker-bombers are getting lap-dances at an evil strip club the night before their operation. This is the kind of stuff that makes for great propaganda in the Muslim world. They're hero is making money off his suicide bombers, who are sexual perverts. Attention psyops at CNN.
7
posted on
09/14/2001 8:46:01 PM PDT
by
Kermit
To: 11th Earl of Mar
What are they gonna do? Bust him for insider trading?No, but if he placed large orders, it would give us a link to associates that placed the orders! That could be invaluable!
8
posted on
09/14/2001 8:46:26 PM PDT
by
F-117A
To: NativeNewYorker
This whole episode appears inspired by the (excellent) Tom Clancy book 'Debt of Honor'.
If so, we had better watch out for 'friendly fire accidents' (Sunburn antiship missiles?) from supposed allies during coming military maneuvers.
Perhaps Mr. Clancy can provide some creative input to our strategic planners--ala his alter ego, Jack Ryan. It was brilliant how the bad guys were finally handled in the subsequent book, 'Executive Orders'.
To: NativeNewYorker
Here's hoping the SOB only had Salon.com stock.
To: NativeNewYorker
As a former stock trader, this occurred to me a few days ago. Very logical, if you think it through. You endeavor to crush our country and the market at the same time.
While I have not participated in the markets for a while, over the past week or two they seemed 'heavy', like someone was 'leaning' on then. [Kind of like the Hunts and the silver market in reverse.] I had even printed charts on Monday, to look at later. It was eerie when I found them again on Wed morning.
Good post. Glad someone is looking at this. Could well be a smoking gun.
11
posted on
09/14/2001 9:49:39 PM PDT
by
the crow
To: F-117A
Good point.
To: the crow
Yes, the markets have been trading poorly for quite a while.
I'm sure all the S&P futures sell tickets are going to made to stand up and speak!
To: Clinton's a liar
Did you notice the selling that was going on in the days leading up to this event. DJIA down 250 pts., 200 pts., etc., day after day. Perhaps some people knew in advance that this was coming and it was time to unload?
To: the crow
i've said from the start (not on FR, but to friends) that round 2 is an attack on our financial markets. there is no telling how long conspirators have been accumulating short positions, i would like to see
all short sales prior to september 11th frozen at market close pps on the 10th. i think we need to give investigators enough time to sort out the details. those short-sellers who are cleared after investigation, could reap their rewards at a later date and consider themselves lucky.
in addition, declare a temporary moratorium on future short-selling... it can be done:
"regulatory authorities could prohibit short selling, says Barry Hyman, chief investment strategist at Ehrenkrantz King Nussbaum, who remembers when the American Stock Exchange banned shorting shares of the formerly public Home Shopping Network."
15
posted on
09/15/2001 9:42:49 AM PDT
by
debg
To: debg
Shorting individual stocks is time and capital consuming, leaving a long paper trail.
It is FAR more efficient to short futures or buy put options on indicies.
You want leverage? Buy short-dated out-of-the-money puts on S&Ps - interestingly, the Sep series expires this week.
I dare say trading records are going to be examined VERY carefully.
BTW, I am NOT short.
To: NativeNewYorker
On Sept 11- Fox's finacial analyst Neil Cavuto -- shortly after the attack -- said that there was a strange sequence of events shortly before the markets closed - oil prices were going up and the dollar was taking a hit.
Because of that - I was convince we were dealing with a nation-state (Saddam) - as I was watching the unbelievable.
To: The Raven
Glancing quickly at the real-time intraday price charts, neither the dollar nor oil was doing anything unusual prior to the attack.
Between the time of the attack and the closing of various markets, of course prices swung sharply, but that appears to be in reaction to, rather than in anticipation of, the attack.
That said, insiders would have been quietly accumulating positions in the days and weeks preceding the attack. Now we'll see if they can get out.
To: debg
You might be right. As a trader, there is nothing more gratifying than shorting a stock at the proper time. You "feel" a stock at the precipice, with vested interests trying to prop it up that are already long up the wazoo, running short on staying power.
If you play it right, there is nothing more rewarding [in the profit and gamemanship sense] than a good play on the short side. If you're wrong you are screwed.
FWIW: I got pretty good at it. I perceived it to be very nonproductive, which is why I don't trade anymore.
19
posted on
09/16/2001 10:20:07 PM PDT
by
the crow
Comment #20 Removed by Moderator
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