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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (374043)9/11/2008 5:53:55 PM
From: Cynic 20053 Recommendations  Read Replies (2) of 436258
 
Myth,

Game over. With this LEH bailout news I think We will see a major Crash next week. If not next week, the week of options expiry in October.

Point swings/trading range in S&P this week:
Monday: 33 points (37 points with the gap)
Tuesday: 44 points (45 points with the gap)
Wednesday: 22 points
Thursday: 38 points

These are huge percentage moves for S&P 500. These swings are indicative of a major move immediately ahead of us - possibly next week. Up? or Down? I think down.
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