Just to visualize what @kenyainvestor means by saying Dow tanked 4%, read below... Which year is it, 2011? Nooo... Sure feels like 2008. 3yrs have passed by and 2008 is still around. Time stopped indeed...
http://www.forbes.com/fe...all-street_8602477.html
I'm hoping E-Trade puts up these 6 trade bets.
1. Berlusconi to be kicked out before Dec 2011.
2. US Treasury Sec to resign before Dec 2011. The recession is indeed over?!
3. The Bernank aka print dollars to infinity helicopter ben to resign before Dec 2011.
4. Spanish PM to resign before Dec 2011.
5. Greek PM to resign before Dec 2011.
6. JP Morgue, BoA, Citi all to lose mortgage fraud cases and forced to repay this fraud by Jan 2012...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!