We generalize the braid algebra to the case of loops with intersection
s. We introduce the Reidemeister moves for four- and six-valent vertic
es to have a theory of rigid vertex equivalence. By considering repres
entations of the extended braid algebra, we derive skein relations for
link polynomials, which allow us to generalize any link polynomial to
the intersecting case. We perturbatively show that the HOMFLY polynom
ials for intersecting links correspond to the vacuum expectation value
of the Wilson line operator of the Chem-Simons theory. We make contac
t with quantum gravity by showing that these polynomials are simply re
lated with some solutions of the complete set of constraints with cosm
ological constant LAMBDA, for loops including triple self intersection
s. Previous derivations of this result were restricted to the four-val
ent case.