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"the information from the "insider trading " just before 9/11 that indicated which airline companies would be used"
"Using the United transaction as an example -- the 2,075 put options, with each put option representing 100 shares of stock -- indicates that someone controlled 207,500 shares of United. The stock dropped from $31 to $18, giving the speculator a $13 profit.
The action in the American Airlines is equally unspectacular – at least by industry standards where the big players may pick up or drop hundreds of millions in such transactions. Between United and American, about $22 million in profits was made on the put options.
Business As Usual
Not only does the relatively modest action belie some daring market conspiracy by those in touch with terror plans, but the pre-Sept. 11 market history is also consistent, more or less, with business as usual. Adam Hamilton of Zeal LLC, a consulting company that does research on markets worldwide, has crunched the numbers and recently told Insight magazine:
"The market was in bad shape in the summer and early fall, and you know there were a lot of people who believed that there would be a sell-off in the market long before Sept. 11. For instance, American Airlines was at $40 in May and fell to $29 on Sept. 10; United was at $37 in May and fell to $31 on Sept. 10. These stocks were falling anyway, and it would have been a good time to short them.”
The downward trend in the airline stocks was backed up in the pre-Sept. 11 trading picture.
Insight reported that there were repeated spikes in put options on American Airlines during the year before Sept. 11 (June 19 with 2,951 puts, June 15 with 1,144 puts, April 16 with 1,019 and Jan. 8 with 1,315 puts). In the same period, United Airlines had slightly more action (Aug. 8 with 1,678 puts, July 20 with 2,995, April 6 with 8,212 and March 13 with 8,072)."
www.prisonplanet.com...
Planes were scrambled from an air base in the Norfolk, Virginia area during this time, but inexplicably were sent east over the ocean, instead of northwest toward the Washington area. (The weather that morning was perfectly clear, and there is no innocent explanation for why these interceptor planes were sent over the water, away from DC, instead of toward the National Capitol Area.)
Originally posted by PeanutButterJellyTime
I just want to post a few FACTS to debunk the myths about the air force intercepting suspicious aircraft, rolling their wings, and shooting tracers at them.
First off, let me tell you about a real life experience I had in 1996.
I was in the Navy in the middle of a med cuise aboard an Aegis Destroyer that was acting as plane guard for the carrier. It was late at night and I was in the CIC getting my qualifications signed off for the MSS console. A civilian airliner near us suddenly began squawking IFF Mode 3/A code 7500. That meant the plane had just been hijacked, and we had on on radar, and were sailing right next to the carrier.
What happened next? We reported the hijacking to the carrier, which in turn sent it up the chain of command. I believe the plane was supposed to land in Cyprus but instead landed in Tunisia. We sat and watched the plane as long as we had it on radar. The carrier did the same thing. No planes were launched to immediately intercept the hijacked plane, roll it's wings, and shoot it down. We simply watched.
I explicitly asked the CICOOW why the carrier wasn't launching aircraft to follow the plane and he responded that in a hijacking the safety of the passengers is the number one priority. You do not act in a hostile manner. That might provoke the hijackers to kill the passengers or crash the plane. You watch the plane, let it land, and then negotiate for the release of the passengers.
I'll tell you something else about IFF. IFF Mode 3/A code 7600 is squawked by a pilot to report a radio or communications failure. fighters are not scrambled to check on the plane and see if it's radio is OK. The pilot signals this by IFF.
Prior to 9/11 fighters were not scrambled for hijacked aircraft, or airliners that were not responding on a radio. Obviously the US has changed this policy after 9/11 and all hijacked/suspicious aircraft are confronted by fighters.
The description of fighters rolling their wings sounds like the Cold War tactics used when Soviet aircraft entered our airspace, or when we entered theirs. But even then, the aircraft did not fire on each other.
Firing tracer bullets in front of the plane is complete BS. Tracer rounds are placed one every so many live rounds, depending on the rate of fire of the weapon. The pilot cannot select if he wants to fire live rounds or tracer rounds. The tracers simply show the pilot where the live rounds are going.
Planes were scrambled from an air base in the Norfolk, Virginia area during this time, but inexplicably were sent east over the ocean, instead of northwest toward the Washington area. (The weather that morning was perfectly clear, and there is no innocent explanation for why these interceptor planes were sent over the water, away from DC, instead of toward the National Capitol Area.)
Let me explain this for you. I was an eyewitness to this. You see, after I got out of the Navy I became a defense contractor for the Navy. I work at a Navy facility north of Norfolk. I remember being at work that day and hearing about the first plane crash. Like everyone else I thought it was a horrible accident. Then I got a call from my wife that the second plane hit the second tower. I ran to our OCC (Operational Control Center). The OCC has numerous radar displays and at the time was the only room that had a TV feed. I went their to watch CNN. We brought up our radars as the planes were scrambled from Oceana (the NAS you mentioned). They were also scrambled from Langley (an Air Force base in Hampton), Norfolk NAS, and Andrews AFB outside DC. My sight helped provide ATC for some of those planes. I have never seen as many aircraft taking off as I did that morning. It was amazing. The planes initially headed east because that is the direction the runways face. They didn't continue to head east and out of sight. They were sent all over, most to DC and New York, but some went south and some continued east to intercept inbound international flights.
Finally, FLIGHT 93 WAS NOT SHOT DOWN!!! It is true that two Air Force aircraft were scrambled to intercept it. They were supersonic near the MD/PA border when 93 went down. I saw an interview with one of the pilots where he talked about trying to cope with the fact that he may have to shoot down an airliner filled with innocent American citizens. He was not given permission to fire at the time the plane went down, and he was too far away to have it on his radar.
Do you want some proof that the plane was not shot down? Are you old enough to remember Pan Am flight 103? It was blown up by Libyan terrorists over Lockerbe, Scottland. If you remember that bombing, you'll surely remember the pictures and video of pieces of the plane, luggage, etc, scattered for what seemed like miles through the fields of Lockerbe. That is what happens when a plane explodes. In the case of Flight 93, the plane hit the ground in one piece and left a BIG crater when it hit. If it was shot down there would be a huge debris field from the missile. Whether it was brought down when the passengers fought the hijackers or by the hijackers themselves when they realized they couldn't fight off the passengers remains to be seen. However, it was not shot down.
I believe the plane was supposed to land in Cyprus but instead landed in Tunisia. We sat and watched the plane as long as we had it on radar.
You watch the plane, let it land, and then negotiate for the release of the passengers.
Originally posted by PeanutButterJellyTime
Do you want some proof that the plane was not shot down? Are you old enough to remember Pan Am flight 103? It was blown up by Libyan terrorists over Lockerbe, Scottland. If you remember that bombing, you'll surely remember the pictures and video of pieces of the plane, luggage, etc, scattered for what seemed like miles through the fields of Lockerbe. That is what happens when a plane explodes. In the case of Flight 93, the plane hit the ground in one piece and left a BIG crater when it hit. If it was shot down there would be a huge debris field from the missile. Whether it was brought down when the passengers fought the hijackers or by the hijackers themselves when they realized they couldn't fight off the passengers remains to be seen. However, it was not shot down.
Residents and workers at businesses outside Shanksville, Somerset County, reported discovering clothing, books, papers and what appeared to be human remains. Some residents said they collected bags-full of items to be turned over to investigators. Others reported what appeared to be crash debris floating in Indian Lake, nearly six miles from the immediate crash scene.
post-gazette.com...
Originally posted by HowardRoark
Ah, the infamous unidentified, "source."
Why is it so important for the conspiracy theorists to "prove" the plane was shot down?