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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (77428)	11/11/2007 8:31:56 PM
From: Real Man	Read Replies (2) \| Respond to of 94695

The bailout is here. -g- nytimes.com The only question is when they show up. November expiration has larger than usual probability to BK some more despite its out of whack rally now status. Its too far out of equillibrium, now as the market falls the market makers must hedge enormous put position, leading to the 87-type portfolio insurance dynamics. Still small, but large enough for me not to buy November calls on Monday. Those still could be losers.