which would makes sense given the rise in 3 month Libor and Long bond rates, wouldn’t one expect the Dow and company to fold like a cheap umbrella? Again, with that premise, anyone here venturing into someĀ short term puts on the Equities? Logic dictates it should not occur because to do so would hurt the Dems chances right before the election but who knows what the Feds are thinking. Would like to hear some feedback from Tenters on this. If any one can suggest a put , I’d be curious how one would play it for a quick short term gain. I think they will raise come Wednesday even if they quickly take it back in a short period of time.