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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: russwinter2/11/2005 1:08:44 PM
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Not sure what they are smoking in this session (*), but no temp, or coupon passes today, and a $12 billion Treasury repo was replaced with only $5 billion. I've been buying puts all morning. XLF March 31 puts trading are going off at only 75 cents, with index around 30.55.

(*) rumours?

Stocks appeared to get a further boost as rumors circulated on trading room floors that the North Korean leader Kim Jong-il had been been overthrown.
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