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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Think4Yourself who wrote (141764)8/19/2008 10:18:18 AM
From: ChanceIsRespond to of 306849
 
>>>the VIX at a "no fear" 21 suggests that we either crash big or we go down for at least the rest of the year.<<<

Today is the last day of trading for August VIX options. I put in to short a pile of $20 puts at yesterdays closing bid of $0.20, but was denied. It was trading $0.05 on the bid at open. Hey. You gotta try. With all of that bad news, it was a lock.

Didn't act on the September puts, but those are probably good positions as well.