So the various pairs trades picked by Fred are looking OK. Overall up 6.72% for the week due to the PSMT/WMT pair being up by 8.46%.
Only one pair this week....DELL short/ APPL long.
Regards,
Cruncher
I'm afraid it doesn't make interesting reading...I've had some'' home runs'' ( F being the most recent )and I've had some catastrophic failures (BSC was a particularly depressing one).
I suppose, in these very strange economic times, it's just very naive of me to want businesses, large or small, to be held financially accountable for the decisions they make...
Imagine Citi Group, America's 3rd biggest bank, with a 27% stake held by the government, went hostlile and took over Goldman, Americas 5th biggest bank. Imagine the reason for going hostile was that GS and its management had been pissing the government off for a number of years.It soon...