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


To: GROUND ZERO™ who wrote (81750)10/10/2008 4:15:42 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
Next week is an option expiration that can't be saved by
the Fed this time. Hopefully, we'll have a rally, but I have a
strong fear of that one. The scenario could be a rally
early in the week, followed by an expiration crash - Black
Monday. That's just a broad idea of the only way how leveraged
derivative positions (Derivative Ponzi scheme) can be
unwinded, the meltdown way. The derivative boyz are now in
trouble, have little cash, and the whole market willing
to sell to them. Chances of expiration meltdown are much
higher than than they normally are.