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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (5875)4/4/2008 11:38:09 PM
From: saveslivesbyday  Read Replies (1) of 71402
 
"However, as the market goes down and blows though put strikes, the market makers will be forced to hedge their puts by selling the market short in the futures, resulting in a market crash."

I imagine this is what was in Bernanke's mind on Monday morning March 17th. They could see the collapse coming, and also the DOW and S&P futures hovering below critical support levels.
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