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Tags: monistary icons, envy on the coast icons, change icon sets, objectdock icon, accuflex icon

4 it: BLOOD, SWEAT AND SUCCESS TEARS It has appeared not absolutely correct forecast. My options were "in an office" that meant: they yet have not expired, but became almost useless.

Then the share market has failed, and Alan Grinspen, trying to extinguish a panic, declared that the Federal reserve system will lower rates. On Tuesday morning my eurodollar options have passed from a simple paper in firm money. I could transform them almost into one million dollars if did not fly in the plane at height of 50 000 foots.

On the Concorde there were no phones and when I have reached New York, the market of eurodollars has not opened yet. I had to wait, while I will appear in the plane from New York in Chicago to reserve a phone conversation with my broker. But for not clear reasons phone in the plane could not consider my credit card. Here now I have begun to panic. Nobody knew about these options, and I have got stuck in the plane on which phone does not work. I have approached to the stewardess with hundred dollar denomination and have asked: "you have card VISA or American Express?" She has looked at me a little puzzly.

"I the commodity trader. The market now goes mad. I need to reserve telephone conversation and to take care which of what. But phone does not accept my credit card. I need to make a two-minute call. I will give you 100 dollars if you allow me to use your credit card".

The stewardess has taken pity over me and did not take 100 dollars. "The payment for conversation only five dollars", has told it. "Give me five dollars and can use my credit card".

When I at last have reached to it a table at a stock exchange has learnt that eurodollar futures have opened on 94,50, but then were rolled away from these heights. My options still counted for something but is far it is not so much, how much they could cost. I have sold them with profit in 250 000 dollars which, nevertheless, made the 10-fold income on an investment in 25 000 dollars.

But looking back back, I would do all it absolutely in another way, be, that day on a floor. I could sell mine 94 options, and make 500 000 dollars, or sell 1 000 eurodollar futures, to be in a short position on 94,50, and to remain in long on options with a strike 94 that would guarantee 50-fold profit. Three days after eurodollars have fallen to 92, and I would be in a short position with 94,50. Finally, by my calculations,

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