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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (68966)8/28/2006 6:17:27 PM
From: mishedlo  Read Replies (1) of 110194
 
Pax pain period has not worked very well for a long time

I think the nature of the game has changed.
So may hedge funds buying and selling puts and calls etc and in fact most of the PUTs that you see in bank socks and indices are actually long bets (shorting puts)

Mish
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