Massive Put Options have been purchased on the S&P 500, possibly indicating expectations of a year end crash. Over $600M purchased on SPX.X $1200-1210 December 2011 Puts according to StockMarketFunding.com.
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"To most of us nothing is so invisible as an unpleasant truth. Though it is held before our eyes, pushed under our noses, rammed down our throats--we know it not." -- Eric Hoffer (1902-1983) American author, philosopher, awarded Presidential Medal of Freedom. If something smells funny then that is an indication that there is something wrong with something you are not seeing. Wake up, and look deeper.
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