*** ALL THINGS MONEY >>>> ATM ***

[xZx]

hey, hang ten -- i hope you don't mind if i put your post from the FAZ board up here for the ATM peeps:

http://www.zerohedge.com/news/cme-goes-margin-defcon-1-makes-maintenance-margin-equal-initial-everything

So after hours, the CME made a margin call for 'tens if not hundreds of billions' www.zerohedge.com/news/cme-goes-margin-defcon-1-makes-maintenance-margin-equal-initial-everything Italian bond yields are still making highs; major problems with the EFSF funding..

Seems to me that Papandreou's antics might be a side show.

There's a head and shoulders pattern forming on $ES_F or even $SPX from over the last week or so, I'm thinking it completes next week.

chances are, a lot of us didn't catch that story, and it has huge ramifications, so thanks...

in fact, after reading it i just removed all my GTC sells on bear positions, like my FAS short, SDS calls, EEM puts, etc. this could get seriously ugly. i'm also considering shorting the one-month eurodollar (LIBOR) in my futures account. if liquidity is really starting to tighten up, it's going down hard imo.