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Strategies & Market Trends : Waiting for the big Kahuna

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To: Paul Kern who wrote (81110)9/19/2008 7:33:17 AM
From: Real Man1 Recommendation  Read Replies (2) of 94695
 
Without all these SEC bans we would have the bottom on Tuesday
this week.
Wednesday volatility spiked because of their first action
that increases put premium. Now put premium may go to
infinity, and we may
get a crash after this spike is over. Short interest on
financials is tiny, about 1-2 day volume after the first "rule"
from August. Gonna be fun to watch. Oh, those 25% down days,
and no way for the PPT to stop 'em, cause the man on da phone
who used to take their order went to lunch, permanently.

LOL! I'd chort da heck out of dese markets into dis
spike, but we can't. In da meantime, we are just back to
Wednesday OPEN. Get some gold, we'll see another spike,
cud be 200 dis time. One can get some Yen too, in preparation,
since nobody banned getting long Yen. It's gonna go ballistic
once the spike is over
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