Trouble in Paradise? Yes...

h/t Free Market News:

PUTS FORECAST OCT. SURPRISE?

Sunday, October 01, 2006 - FreeMarketNews

INITIAL POST 09.30.06

A faithful reader and commentator, "A. Magnus" writes the following email, posted to FMNN General Feedback:

"Do you like October suprises? Is there a big bang coming to hit the markets? If you believe that those in the know use insider information before major events then you might be interested on the HUGE number of October 6th put options for the big indexes. Check out the concentrated puts on the Diamonds DOW Trust (DIA):

Ditto for the S&P Depository Receipts (SPY):

And the NASDAQ (QQQQ):

Even the Market Vectors Gold Miners has significant puts for October 6th:

Make no mistake - something wicked this way comes, and the smart money has already taken preventative steps."