Shortly after 9/11, there was an FR thread, “Profits of Doom”, going into odd trading in the options markets just before 9/11. “Sell” options on Boeing and airlines being very unusually high.
Then media coverage stopped.
My guess was that the trail led to people who could not be touched.
Put options are cited by many now as the only way to make money in the market.
Quote:
“Shortly after 9/11, there was an FR thread, Profits of Doom, going into odd trading in the options markets just before 9/11. Sell options on Boeing and airlines being very unusually high.
Then media coverage stopped.
My guess was that the trail led to people who could not be touched.”
There has NEVER been an accounting for WHY gas prices got so high and the economy “collapsed” just in time for Obama’s election. No one has EVER been held accountable for the banking “collapse” while several Obama-connected bureaucrats and politicians walked off with millions from Fannie and Freddy.
There is an overpowering stench rising up out of the Washington D.C. Government/Media Complex.
Congress, since they legally have insider trading knowledge.