View Full Version : So here we are, September 21st
cludgie
21st September 2007, 05:42 AM
Wasn't it today that supposedly that recent bit of woo on some huge put option that needed something bad enough to halve the value of the euro in order to make money had to happen by?
SatansMaleVoiceChoir
21st September 2007, 06:02 AM
Not sure what you mean...
ref
21st September 2007, 06:20 AM
Some truther blogger predicted some false flag attack based on some options. Or something. Never heard about the halving of the value of euro, though. 1 EUR equals 1,40 USD today. That's an all time low for USD.
Concept
21st September 2007, 06:21 AM
http://forums.randi.org/showthread.php?t=91778 ?
cludgie
21st September 2007, 06:22 AM
Not sure what you mean...
There was some woo story a week or two back about some large amount of put options that required the value of the euro to fall by 50% in order to make any money and thus something REALLY bad would have to happen for that kind of fall to happen. The insinuation was it was there was some 'false flag' terrorism action in the offing and those in the know were going to make big bucks (a bit like the supposed 'suspicious' put options before 9/11 nonsense)
I suspect its either:
a) complete rubbish and these transactions either don't exist or have been severely exaggerated
or
b) these put options are part of some hedge strategy.
SatansMaleVoiceChoir
21st September 2007, 06:27 AM
There was some woo story a week or two back about some large amount of put options that required the value of the euro to fall by 50% in order to make any money and thus something REALLY bad would have to happen for that kind of fall to happen. The insinuation was it was there was some 'false flag' terrorism action in the offing and those in the know were going to make big bucks (a bit like the supposed 'suspicious' put options before 9/11 nonsense)
I suspect its either:
a) complete rubbish and these transactions either don't exist or have been severely exaggerated
or
b) these put options are part of some hedge strategy.
I'm leaning towards 'a'...
MrMonty
21st September 2007, 07:09 AM
I'm not a normal CT forum poster, but this thread got my attention.
Obviously, it's all explained in the Earth Wind & Fire song:
September (http://www.lyricsfreak.com/e/earth+wind+and+fire/september_20044785.html)
ref
21st September 2007, 07:11 AM
Obviously, it's all explained in the Earth Wind & Fire song:
September (http://www.lyricsfreak.com/e/earth+wind+and+fire/september_20044785.html)
They are in on it.
Cheap Shot
21st September 2007, 01:37 PM
Well the loonie now equals a buck, who would have ever thunk it.
Alareth
21st September 2007, 01:40 PM
Well the loonie now equals a buck, who would have ever thunk it.
Bah! We don't care about your silly Canadian dollery doos.
Architect
21st September 2007, 02:02 PM
Cludgie
A name like that is just wasted on onywan no' fae the west of Scotland, bytheway.
:p
SpaceMonkeyZero
21st September 2007, 02:06 PM
Well the loonie now equals a buck, who would have ever thunk it.
1976 did.
Ah well. No spending my "evil American Dollars" in Canada on weekend trips for me. The higher prices and the 20% sales taxes were still a bargain back in 2002 when a Canadian dollar was 62 cents American.
But now, it's cheaper to stay home... And still have dinner with Canadians who are flocking to the states for cheap shopping, thanks to a strong canadian dollar.
Who's hurting? Canadian tourism.
roger
21st September 2007, 02:08 PM
the puts are real (source (http://www.thestreet.com/newsanalysis/optionsfutures/10377063.html)) and were part of a box-spread trade.
Unfit4Command
21st September 2007, 02:11 PM
Wasn't a revolution supposed to start when people saw LC: Final Cut also? What ever happened to that?
defaultdotxbe
21st September 2007, 02:33 PM
Bah! We don't care about your silly Canadian dollery doos.
dollary-doo sound more australian
Alferd_Packer
21st September 2007, 03:09 PM
But what's the Amero worth against the loonies?
Hokulele
21st September 2007, 04:12 PM
But what's the Amero worth against the loonies?
Priceless. Oh, sorry, I though you were asking what the Amero was worth to the loonies. Carry on.
OSS 117
21st September 2007, 05:27 PM
Wasn't it today that supposedly that recent bit of woo on some huge put option that needed something bad enough to halve the value of the euro in order to make money had to happen by?
Yes, it was today. Another bust.
http://disc.server.com/discussion.cgi?disc=149495;article=113589;title=AP FN
petra10
21st September 2007, 05:39 PM
Cludgie
A name like that is just wasted on onywan no' fae the west of Scotland, bytheway.
:p
Think thats went over their heeds,I always hiv a wee laugh at that name as well. :D
Today, one pound sterling = $2.02
Foolmewunz
21st September 2007, 05:52 PM
Think thats went over their heeds,I always hiv a wee laugh at that name as well. :D
Today, one pound sterling = $2.02
You guys had to keep it up with Cludgie, eh?
On one word site, great example.....
"Where's yir cludgie, I'm in dire need o a steamer!"
(My ex-wife's family are Cape Bretoners, mostly Highlander extraction, but I'd heard the term used by a few people before, as there's a fierce pride* in their ancestry, and the work hard on re-introducing terms that they pick up on trips back home - I don't think they care if they're from their own particular original areas. There's even a grass roots movement there to learn the ancient tongue.)
*Gee, I never heard "fierce pride" and "Highlander" used in the same sentence before.:rolleyes:
petra10
21st September 2007, 06:04 PM
well done Foolmewunz it didnae take you long,you are a very knowledgeable man.We couldnae even fool you once.
Jonnyclueless
21st September 2007, 11:35 PM
What about the big world wide military stand down? Wasn't someone supposed to take over the world last week?
Brainache
22nd September 2007, 01:32 AM
Wel here I am and it's September 22. Happy Birthday Bilbo.
brodski
22nd September 2007, 01:46 AM
Wasn't someone supposed to take over the world last week?
We did, but we covered it up.
leftysergeant
22nd September 2007, 01:55 AM
Think thats went over their heeds,I always hiv a wee laugh at that name as well. :D
Today, one pound sterling = $2.02
Odd, the number of names used in what is supposedly one language for the pyonso.
Brainache
22nd September 2007, 01:59 AM
Odd, the number of names used in what is supposedly one language for the pyonso.
You're talking about Dunnies, right?
MG1962
22nd September 2007, 02:11 AM
What about the big world wide military stand down? Wasn't someone supposed to take over the world last week?
Sorry I missed my queue :(
Corsair 115
22nd September 2007, 11:36 AM
Who's hurting? Canadian tourism.SARS and increased border security measures after 9/11 also haven't helped.
From this (http://www.cbc.ca/consumer/story/2007/02/20/travel-canada.html) CBC News report, the number of same-day car visits by Americans to Canada in 2006 hit its lowest value since 1972, the first year such records were kept. There were 13.7 million same-day visits in 2006, down 12.5% from the previous year. In comparison, the all-time high was in 1999 when there were 27.3 million.
The film and television industry in Canada is also being hit by a higher Canadian dollar since a high dollar makes it harder to get U.S. productions to film here. Exporters who export goods to the U.S. are also facing a hard time, with some coping better than others.
The higher prices and the 20% sales taxes were still a bargain back in 2002 when a Canadian dollar was 62 cents American There is no 20% sales tax. There is the 6% GST (down from 7%) and some provinces also have a sales tax (e.g. Ontario's is 8%; Alberta doesn't have one). Note that American visitors to Canada can get the amount they pay in GST for goods purchased in Canada back by applying for a rebate from the federal government (but most Americans don't bother).
The big issue currently with Canadian retailers is that, in spite of a dollar reaching parity with the U.S., most pricing here is still predicated upon a dollar in the 80 to 85 cent range. In other words, prices are sometimes 20%-25% higher than what you'd find in the U.S.
This (http://www.cbc.ca/money/story/2007/06/12/consumerdollar.html) CBC News report from June talks about the issue. If retailers here don't do something soon, there'll be a lot more Canadians shopping in the U.S. or purchasing goods online.
Jonnyclueless
22nd September 2007, 07:57 PM
Imagine how many Jews would have died from the result of flying from israel to NYC last week. Thank got they didn't book any flights. They clearly forsaw the impending dooooom.
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