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To: Moominoid who wrote (55414)8/27/2006 4:16:39 PM
From: RealMuLan  Read Replies (2) | Respond to of 116555
 
Options, still separated naked puts or covered puts, and naked put is very dangerous. Who was that guy -- the previous head of Chicago merchandise? -- his hedge fund just went down. His naked puts on natural gas ruined him.

Anyway, my point is that $1.7 trillion hedge funds cannot all go to short, or buying puts, or short the futures. Those market would have collapsed long before half of those money go short/put