Agree - I thought the same. Hedgies will now reposition to try and make their $$ back. Sooo…guess what? Want to have some fun?? Everybody move their 401k's into "cash" (stable-value fund like t-bill/bond fund etc.) tonight…KEK Tomorrow we would see a bunch of people with millions in open call-options bleed from the ears. Namely the Pelosi's.
the HFT's have probably already been frantically re-writing their algo's, etc…KEK
LOL! appropriate, too
Were you not alive when Bear Stearns went under, or just not paying attention?