Tuesday, October 03, 2006

October Surprise this Friday? Could be!

The Wheels are coming off.

Foley has exploded all over everything and everyone.

US forces are deploying to the Persian Gulf

North Korea wants to test Nukes

Frist steps in it. (and Rush)

Of course, Woodward.

and there's this...

Commentator at Freemarket News:

Do you like October suprises? Is there a big bang coming to hit the markets? If you believe that those in the know use insider information before major events then you might be interested on the HUGE number of October 6th put options for the big indexes. Check out the concentrated puts on the Diamonds DOW Trust (DIA).

Ditto for the S&P Depository Receipts (SPY).

And the NASDAQ (QQQQ).

Even the Market Vectors Gold Miners has significant puts for October 6th.

Make no mistake - something wicked this way comes, and the smart money has already taken preventative steps.

For what it's worth, it's interesting to note that there was this kind of increase in 'Put' orders just prior to 9-11. My tinfoil hat is tingling.

Yep, I expect a surprise. Soon.

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