--- Terry Blanton wrote:

> The Euro trade was twice the US trade.  Does this
mean that the terrorism was planned for Europe?  

Perhaps. Or maybe both trades are simply little more
than a "bad bet" and a false alarm, placed by a very
wealthy group. The US stock market was up today,
despite the ominous fact that the rate of home loan
foreclosures rose to a record high. 

Obviously, no one with big bucks appears to be
liquidating positions rapidly, based solely on the
"Bin Laden" options here and in Europe.

It would be interesting to know if similar options
were bought on Asian exchanges, however.

Even if the World markets do drop significantly
tomorrow, that would not be indicative that the smart
money is clued-in to a known threat... more likely
that an oil-rich camel-jock Prince somewhere (Saudi
Arabia or Kuwait) is willing to blow the total strike
price (almost three billion US dollars of total
projected loss) - based mostly on the anniversary date
9/11 and its larger meaning, possibly together with
other rumors thrown in.

That is one heck of a big bet to be placed on rumor. 

In the unlikely event that there is a nuclear
explosion next week - anywhere - then that would be an
indication that someone had accurate advance knowledge
- and felt like the $3 billion (or more) which was
risked would return a nice profit.

For the conspiracy nut-cases, the Israeli raid in
northern Syria is already being tied-into the
scenario... and a valid question arises: is "9/11"
itself being turned by Arab radicals into a yearly
focal point of Islam vs. the West.

All-in-all, recent events do make for a large dose of
drama - if nothing else.

Jones


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