anand_swamy

Repeat of 2008 markets

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
In 2008, the markets only fell a little bit before rising to almost back to its previous prices. However, after they rose, Lehman Brothers, one of the biggest financial firms, went under and the markets fell with it. I think that we may be able to see something like that again. If a big financial company goes under, that's when the markets will plunge.

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