tough times ahead
Tough Times Ahead
It has been said that it’s not if we get attacked but when. Well when just might be sooner than you might think. The “smoking gun” here seems to be mystery traders exercising the “put option”. This was done in the weeks before 9-11 and it’s happening again. A mystery trader placed 245,000 put options on the Dow Jones Eurostox 50 index totaling about $1 billion. If the market crashes by a third to a half before Friday September 21st the anonymous trader could make as much as $2 billion. It’s my opinion that between now and September 21st something major is going to happen. Taking a few other things into account I’ll go one step further and put my money on September 13th.