TUESDAY SEPTEMBER 23
Trader Triple Squeeze

Three days after the trader phenomenon known as “Quadruple Witching Friday,” in which four sets of options expire simultaneously, a “triple squeeze” hit the Street Monday. Stocks down, dollar down, oil up 25 points. An obvious new formula has arisen, transition from capitalism to socialism creates massive volatility. At least there are no bread lines just yet…

September 2008

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