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Title: New Here, And Found An Interesting Article...


zepcom - August 27, 2007 05:15 PM (GMT)
Hi,

I'm new here and to these forums. I've watched the 911 loose change second edition several times and find it quite interesting.

What I came across today during my lunchtime reading is disturbing.

http://www.prisonplanet.com/articles/augus...arket_crash.htm

In short, it describes
"A mystery trader risks losing around $1 billion dollars after placing 245,000 put options on the Dow Jones Eurostoxx 50 index, leading many analysts to speculate that a stock market crash preceded by a new 9/11 style catastrophe could take place within the next month.

The anonymous trader only stands to make money if the market crashes by a third to a half before September 21st, which is when the put options expire. A put option is a financial contract between two parties, the buyer and the writer (seller) of the option, in which the buyer stands to benefit only if the price of the asset falls. "

Are we gearing up for some sort of financial attack of sorts for the 6-year-anniversary of 911?

Thoughts...


Repentless - August 27, 2007 05:56 PM (GMT)
They didn't just do it in europe. They placed a hell of a lot of put options here to, around 1.4 billion worth. If they're right, and the economy drops by at least 30% by September 21st, they'll make 4.7 billion :(

RisingForce - August 29, 2007 09:51 PM (GMT)
What kind of event would crash the market by 30% to 50% but not fully crash the market???

darion - September 7, 2007 02:08 PM (GMT)
There would be only two events that could couse the stocks to drop so quickly. A natural disaster or another 9/11 event.




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