Will the Market Fall Tomorrow?

Remember this thread?

Betting On a Market Fall

Those puts expired on September 21st.

Just for kicks, I'm wondering what people think could POSSIBLY go wrong between now and tomorrow that could make those hundreds of millions of dollars in stock option puts possibly pay off tomorrow?

I refer you to the following link:

www.financialnews-us.com...

Frankly, I think the fool is probably going to lose his money. He/she will pay a really high price for reading the market wrong and betting hundreds of millions on a collapse.

I'm still bewildered by this story. But who knows -- maybe something will happen in the next 24 hours.

Yep...sounds like another doomsdayer gonna lose their shirt. I mean just look at the threads on here. One week its doom and gloom then the next the market is up hundred's of points. Its volatile...always going up and down.

You just never know what is going to happen from day to day. The fear is the key. Keeping the mind in chaos just long until the gates close behind you.
Webster Tarpley would be a good person to listen to tonight, Thursday on gcnlive. com. His views, and show are very informed.
DWT

[edit on 20-9-2007 by dntwastetime]

Originally posted by princeofpeace
Yep...sounds like another doomsdayer gonna lose their shirt. I mean just look at the threads on here. One week its doom and gloom then the next the market is up hundred's of points. Its volatile...always going up and down.

If you follow the original link to tickerforum, the consensus is that the trade was an illegal loan on the market. I'd tell you the specifics but I wouldn't explain it quite right. Here is the link:
www.tickerforum.org...

reply to post by aava


Nothing illegal about it at all. Whoever got the cash either has to buy back the contract at a loss of 5-6% as of today (expensive loan), or deliver the shares underlying the contract and also recieve the strike price (gave up recent gains). Nothing nefarious. Rense has an article saying that is was intentionally advertised as a "bin laden" trade so that people would panick out and lose out on profits generated by fed moves. That is more likely as people are very quick to panic.

Bin Laden trade Fearmongering

Its all relative. I personally own 3 different contracts that expire tommorow. They are no where near that same size, but then again i am not managing 100 billion dollars where a bet like that ends up being only a small % of the portfolio. it is simply a hedge orway toget a bit more bang for your buck with losses and gains being amplified.

Unfortunately,i would guess that some at ATS got pulled into the game, and bailed. Let it be a lesson to you.

No is not going to crash, our president is going to handle a deal to his friends in the emirates that will give them 20 percent of the NASDAQ.

Sweet deal, will bring enough liquidity to balance out the problems for now.

Occurs we have to forget about the failed plan when they wanted to make a deal on the US ports, remember the security risk.

But now is OK they have been good boys since the bin-laden days of 9/11.

www.cnbc.com...

[edit on 20-9-2007 by marg6043]