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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gersh Avery who wrote (73330)6/9/2006 10:00:41 AM
From: Real Man  Read Replies (1) of 94695
 
It's all about "them" now. Individual investors are irrelevant.
They bought tons of futures Yesterday, without proper mastercard
authorization (no coupon pass). They will run out of cash
today, unless they manage to bring in the mastercard (the Fed)
at 11 am. -g-

They are short a lot of these 1250 puts purchased by the crowd
Yesterday naked, and are long a bunch of SP futures. If the
market gets heavy, and the mastercard is not cooperating,
they WILL run out of cash to buy more e-minis, and it could
get ugly very quickly. -g-
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