What's up, Auntie?

With current slide accelerating and numerous option contracts in the red, the low margin requirements for writing bull and bear spreads we have been warning about weeks ago as being a ticking bomb in a decline like this, a ticking bomb that will likely lead to margin calls and more selling. What can dear Auntie Yellen do now? What she has done all along, print few billions of West Virginia $13 dollar bills and flood the brokers accounts with it. Will it stop the margin calls? With millions of spreads out there written without financial supervision in the raging Obama/Buffett bull market, only time will tell where the equilibrium point is. As Count Shlomo von Wasserstein has said nearly four hundred years ago, "Buy when there is blood on the streets".