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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (42558)10/10/2011 1:28:08 PM
From: Real Man  Read Replies (1) of 71425
 
As I mentioned, probably opex related. In an efficient market Opex should not move it,
but that ended a decade ago. Now it does, and how!

I should not say it ended a decade ago. I remember the 1998 Russian rouble crash,
and how Opex moved the currency up 3-fold in the Fall of 1998 ( it crashed 80% on GKO default), just
because there were a bunch of puts outstanding. It moved up 200% into Opex.
Once the puts expired, the rouble crashed back to where it was before the move.
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