Replies to post #39117 on Options Wonderland

[MRCapital]

This is my friends prediction...One of the best traders around: " Auto bailout will not get past Congress this week and market will crater. Then, starting 11/25 there will be a huge end of month window dressing rally. The rally will mark a multi month reversal trend, as is often the case after Thanksgiving." However, I don't know. There are huge open interest in the puts on the S&P, and QQQQ. As you know the house in this casino likes to damage control ; therefore, they may have something up they're sleeve to rally the markets & expire all those puts worthless...