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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (42558)10/10/2011 1:26:43 PM
From: yoremopnhoj1 Recommendation  Read Replies (1) | Respond to of 71423
 
110 points on the S&P 500 in 4 trading days is just giving more ammo to those that are convinced Wall Street has taken over. Meanwhile the corresponding rise in commodities continues to hit Joe Six pack flush in the kisser.



To: ggersh who wrote (42558)10/10/2011 1:28:08 PM
From: Real Man  Read Replies (1) | Respond to of 71423
 
As I mentioned, probably opex related. In an efficient market Opex should not move it,
but that ended a decade ago. Now it does, and how!

I should not say it ended a decade ago. I remember the 1998 Russian rouble crash,
and how Opex moved the currency up 3-fold in the Fall of 1998 ( it crashed 80% on GKO default), just
because there were a bunch of puts outstanding. It moved up 200% into Opex.
Once the puts expired, the rouble crashed back to where it was before the move.