Some of the 9/11 conspiracy nutcases are having a field day with these trades.
It just could be a What the hell trade as well. Buffett is sitting on about $50B in cash.
But seriously you have to figure with the collapse of the subprime market and all the risk inherent in the market right now people are sitting on a ton of cash.
Hell I'm just a little person and I bought into a hedge fund 2 weeks ago. Right now I think it's a relatively safe bet; betting the market will go down.
For those who understand no explanation is needed, ...For those who don't none will.
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