Did anybody else see this? i've seen people talking about it at a few different places now. apparently "someone" placed a series of trades totalling 4.5 billion dollars betting on a severe market decline %30-%50 the options are set to expire the 3rd week of september some are saying that the last time this happened was a few weeks before 911. can some of you guru's verify if these trades happened? very interesting, and mildly disturbing
i heard a CNBC interview on Friday afternoon where it was acknowledged that there is very heavy shorting across the whole market, especially in indexes...
i believe it's because China has decided to stop lending US money...
IMO? all of these product recalls are in retaliation to that.... i expect alot more....
Treasury Secy Paulson went to China in July to ask them to put up more mortgage money, and they told him to shove it... Posted by glassman on :
there is a possibility someone expects US to attack Iran by then...
but i don't think Bush would move before Mullen replaces Pace at JCS (Oct 1st)...
Posted by turbokid on :
with respect to the china recalls, its been plastered all over the news, something is brewing for sure. When did they "all the sudden" start testing baby bibs for lead? and if this is SO normal for china howcome its all coming out now? you mean to tell me that china has only been making shoddy products in the last few weeks? hogwash.
Posted by The Bigfoot on :
It's bull if you ask me.
Just hype.
And even if it isn't? What's the best response?
Continue as you have been and don't allow the intended result to happen.
Posted by RebelYell on :
This **** and the forum linked at the bottom of it have a little about this. I have been reading his stuff for awhile. He seems to be pretty sharp.
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