[steve86]

the longs will all be in fetal positions BEGGING for those shorts to cover. And they won’t be there. Then we’ll see that DJIA -1000 down day.

Yes, we will. Who's gonna be the first to post "I told d'ya so"?

[July 4th]

Legitimate hedges are disappearing from the market because of this. The options market makers are SOL in the financial stocks right now. When you can't hedge, look out - everyone's going to get smacked in the face by the volatility. The financials up or down 20% in a week will become the norm, not the exception.