Huge Bets Made -- US and European Markets to be Down 30%

Huge bets were made by mysterious investor(s) with 1.78 billion on SPY and 10 billion on EuroX that the two markets will tank 30% by the third week in September. More info regarding the SPY position can be found here. On a similar sentiment, the S&P 500 simulations for 8/26/2007 to 9/26/2007 are having an unsually low probability (47%) of an uptrend. The Dow simulation for the same time period above is 57%, another unsually low probability of a uptrend.