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lehighguy
10-23-2005, 01:30 AM
Dec06 SS Reform Contracts (will have reform bill passed by Dec06) are currently trading at 8% chance to pass (bid). Is this worth taking?
SheetWise
10-23-2005, 02:04 AM
You think Bush is holding AA?
10-23-2005, 06:55 AM
[ QUOTE ]
Dec06 SS Reform Contracts (will have reform bill passed by Dec06) are currently trading at 8% chance to pass (bid). Is this worth taking?

[/ QUOTE ]

Well, that's what, 11.5-1? I'd be a seller until it gets down to 4%, and I wouldn't buy until it got to 2% (50-1).
ACPlayer
10-23-2005, 09:06 AM
how are they defining reform? have not followed any news of this as I travel thru asia.

i suspect there will be some tinkering otherwise even 50 to 1 is a bad price for real reform (preferably throw it overboard without any floatation).
lehighguy
10-23-2005, 12:23 PM
No I'm a seller. It's never gonna happen.
lehighguy
10-23-2005, 12:24 PM
I was thinking something similair. It is a long time to lock my money up without interest though now that I think about it.
partygirluk
10-23-2005, 12:51 PM
I think the SS are way beyond reform.