wednesday compline, page-19

basically they ramp up the price leading into options expiry.

The comparison with ftse on a pattern basis is a hoot. XJO should be down about 5800 to compare on a a pattern basis, yet tonight as soon as it looks like ftse mightn't sink to a new low, the spi runs up.. trouble it, its already about 200 pts overvalued on a relative basis.. wha! no one is supposed to notice?? anyway, thats what I mean by a partial decoupling.. its all rampo manipulation and if credit woes hit the globe they will certainly devastate asia including xjo.. but in the meantime, lets stick out heads down and asses up .. exakerly syndrome .. and try to look intelligent... while the banks rip off all option buyers... its a bit of a pickpocket in broad daylight really.. from your friendly local bank, who will never under any circumstances foreclose your mortgage or refuse you a loan.. or ramp up the market .. its all in the fine print.. 10 page disclaimer.. cheers!