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


To: Real Man who wrote (81503)10/7/2008 10:32:16 PM
From: ggersh  Read Replies (1) | Respond to of 94695
 
All good questions....how are they gonna do it??? they are out of bullets....aren't they????

At a different time 1993-4 ...the currency crisis in the Pound and Europe was huge, and option values were even bigger....

One big mess...



To: Real Man who wrote (81503)10/8/2008 12:34:11 AM
From: Grandk  Read Replies (1) | Respond to of 94695
 
Here is my playbook.

We crash into friday with the Leh derivative mess being the final catalyst. A lot of press on how important an IR reduction is. IR reduction Monday morning before market opens with lots of money buying futes like mad. We have a solid 5 day rally into expiry. Then wave 5 of 3 hits and we test the recent lows. <g>