Analysts Dismiss Suspicious “New 9/11” Trades
Experts track down nature of transactions but concede they represent biggest gamble since last September
Friday, August 31, 2007
Market analysts from TheStreet.com have dismissed concerns about suspicious trades that seemed to indicate a major terror attack or other catastrophe was around the corner, leading to a stock market crash, but still concede that the transactions outstrip anything seen since last September.
As we reported on Monday, 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 attack could take place within the next month.
http://www.prisonplanet.com/articles/august2007/310807_analysts_dismiss.htm
Ramadan begins September 12.
Sure do miss you JP.
Thanks, JP.
Time will tell. It’s certainly ominous.