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GE Drops a Bomb, But Options Traders Are Cautiously Optimistic

Sharesunited, the seasonal pattern of market strength has been certainly turned on its head that past 5 months. The May through October period should be interesting.

GE Drops a Bomb, But Options Traders Are Cautiously Optimistic

The market has been strangely immune to bad news that shows the economy is worsening. Are mysterious forces at work, or do the mass of investors feel the economy will turn around by year-end? Today may mark a turning point where rational thought results in substantially lower prices for equities.