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

To: GROUND ZERO™ who wrote (81543)	10/8/2008 10:37:06 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

I don't know, I'm out of it. My guesstimate is that all derivative markets have gone haywire by tens of trillions by now. I expect some more extreme manipulative action, such as a shutdown of the futures and options markets, IF the rally attempt fails again. That can blow you out of your positions, whatever they are, especially if you are short. So, I suggest not taking futures positions at this moment. I hope they can stop the mess. The action will likely be to shut down the derivative markets, leaving only a leveraged way for the PPT to prop the markets. If they don't take that action, derivative markets might not open tomorrow. The Feds already don't have the cash to stop the melt. Not at this VIX.