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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04-0.2%Jan 29 4:00 PM EST
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To: Haim R. Branisteanu who wrote (57562)8/1/2000 4:35:47 PM
From: Saulamanca  Read Replies (1) of 99985
 
Haim, I don`t know, he said one person or fund bought 56,000 puts.

Cramer had a this to say:
People are raiding Cisco (CSCO:Nasdaq) with puts. Hey, a
blind squirrel finds a nut. It could be a giant hedge fund
manager spooking the market. Cisco has become the market.
It is the hero and the leader and this manager might know
how to panic people. Brilliant and Lex Luther-like.
thestreet.com
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