Market Crash Forecast Suggests New 9/11

A mystery trader has risked losing around $1 billion dollars by placing 245,000 put options on the Dow Jones Eurostoxx 50 index, leading many analysts to speculate that a stock market crash preceded by a new 9/11 style catastrophe could take place within the next month.

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Marc Parent says:

The two sales are being referred to by market traders as "bin Laden trades" because only an event on the scale of 9-11 could make these short-sell options valuable.

There are 65,000 contracts @ $750.00 for the SPX 700 calls for open interest. That controls 6.5 million shares at $750 = $4.5 Billion. Not a single trade. But quite a bit of $$ on a contract that is 700 points away from current value. No one would buy that deep "in the money" calls. No reason to. So if they were sold looks like someone betting on massive dislocation. Lots of very strange option activity that I haven't seen before.

The entity or individual offering these sales can only make money if the market drops 30%-50% within the next four weeks. If the market does not drop, the entity or individual involved stands to lose over $1 billion just for engaging in these contracts!

Clearly, someone knows something big is going to happen BEFORE the options expire on Sept. 21.

This is an enormous and dangerous stock option activity. If it goes right, the guy makes about $2 Billion. If he's wrong, his out of pocket costs for buying these options will exceed $700 Million!!! The entity who sold these contracts can only make money if the stock market totally crashes by the third week in September.

Bear in mind that the last time anyone conducted such large and unusual stock option trades (like this one) was in the weeks before the attacks of September 11.

Former US Treasury secretary Larry Summers says:

"I do not think we yet have ... a basis of making a prediction that there will be a recession, but I would say that the risks of recession are now greater than they've been any time since the period in the aftermath of 9/11."

See also:

The Next 9/11? Predictions, Propaganda, Motive, and After the Attack
Updated: August 27

Robert Fisk: Even I question the 'truth' about 9/11

Respected journalist Robert Fisk comes out and questions 9/11 in a leading UK newspaper:

My final argument – a clincher, in my view – is that the Bush administration has screwed up everything – militarily, politically diplomatically – it has tried to do in the Middle East; so how on earth could it successfully bring off the international crimes against humanity in the United States on 11 September 2001?...

I am increasingly troubled at the inconsistencies in the official narrative of 9/11...

Let me repeat. I am not a conspiracy theorist. Spare me the ravers. Spare me the plots. But like everyone else, I would like to know the full story of 9/11, not least because it was the trigger for the whole lunatic, meretricious "war on terror" which has led us to disaster in Iraq and Afghanistan and in much of the Middle East. Bush's happily departed adviser Karl Rove once said that "we're an empire now – we create our own reality". True? At least tell us. It would stop people kicking over chairs.

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I have some comments:

The "Incompetence theory" is really a defensive excuse not to look at the evidence.

What about the (incompetent) hijackers who never even flew the real planes before?

What about the ROUTINE intercept procedures?

“The task that the FAA allegedly failed to perform repeatedly that day—notifying the military when an airplane shows any of the standard signs of being in trouble—is one that the FAA had long been carrying out regularly, over 100 times a year. Can we really believe that virtually everyone—from the flight controllers to their managers to the personnel in Herndon and FAA headquarters—suddenly became ridiculously incompetent to perform this task? This allegation becomes even more unbelievable when we reflect on the fact that the FAA successfully carried out an unprecedented operation that day: grounding all the aircraft in the country. The Commission itself says that the FAA ‘[executed] that unprecedented order flawlessly.’ Is it plausible that FAA personnel, on the same day that they carried out an unprecedented task so flawlessly, would have failed so miserably with a task that they, decade after decade, had been performing routinely?”

David Ray Griffin

“Consider that an aircraft emergency exists ... when: ...There is unexpected loss of radar contact and radio communications with any ...aircraft.” —FAA Order 7110.65M 10-2-5 (6)

“If ... you are in doubt that a situation constitutes an emergency or potential emergency, handle it as though it were an emergency.” —FAA Order 7110.65M 10-1-1-c (7)

What about NORAD?

“Suspicion of [Pentagon] wrongdoing ran so deep that the 10-member [9/11] commission, in a secret meeting at the end of its tenure in summer 2004, debated referring the matter to the Justice Department for criminal investigation.”

Senator Mark Dayton Claimed that NORAD officials “lied to the American people, they lied to Congress and they lied to your 9/11 commission to create a false impression of competence, communication and protection of the American people.”

What about the 35 airbases that the planes flew by?

What about Building 7, and the Insider Trading?