-Caveat Lector-

------- Forwarded message follows -------
Date sent:              Sun, 06 Jan 2002 11:20:20 -0500
From:                   preston peet <[EMAIL PROTECTED]>
Subject:                [CIA-DRUGS] more on insider trading


also from http://www.paranoiamagazine.com/paranotes1.htm

Suspicious Stock Trading

. A subplot to the national tragedy of 9/11 emerged just days later when
financial analyst Phil Erlanger noticed highly suspicious trading activity
in airline and hotel stocks in the days and weeks leading up to the attack.
As Erlanger notes on his website (www.erlangersqueezeplay.com), dramatic
spikes in short selling (so-called "put" options) occurred in stocks of both
American and United Airlines. "Puts" are bets that a particular stock or
security is going to fall in value. The stocks of major hotel chains,
including Marriott, also showed similar trading activity. An insurance firm,
Marsh & McLennan, with offices at the top of the World Trade Center, showed
a sharp increase in the buying of put options. Erlanger explains that these
levels of trading have not been seen in years, and that this activity
indicates foreknowledge of the attacks. Erlanger asks, "Was this direct
manipulation by terrorist organizations looking to reap a quick windfall
from their criminal acts?" "Put" trading prior to assassination is an old
trick. A similar sharp rise in "put" trading occurred on November 21, 1963,
the day before John F. Kennedy was assassinated. According to Lincoln
Lawrence in Were We Controlled?, a record short-selling spree swamped the
New York Stock Exchange on this date, prompting a massive short-sell.
"Someone" reaped $500 million 1963 dollars, the equivalent of $2 billion
dollars today, when the market crashed on news of the assassination. (See
PARANOIA Issue 9, "The Dan Rather Connection")

------- End of forwarded message -------
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