Exit all FDAX positions. Let the bulls run into 6300, 6350, 6400 calls. Come to papa :
Short DAX at 7740
- Thread starter ASusilovic
- Start date
Quote from archimg77:
too late, I gave it back,, nevermind, one cannot pick-up cherries in october.
Last print 6239.00...Arghhhh...don´t run away, I need to load up !!!!!
Ok, unfortunately only a couple of points profit. Waiting again to see if bulls have balls to come back above 6300.00...
Last print 6166.00. That´s a nice apéritif. Let´s see whether we will see a rally here ( as usual our befriended IB´s have a dark mindset...
Less and less liquidity surplus in Eurozone :
http://ftalphaville.ft.com/blog/201...ity-and-the-implications-for-cash-collateral/
http://ftalphaville.ft.com/blog/201...ity-and-the-implications-for-cash-collateral/
Oct. 5 (Bloomberg) -- Jerome Kerviel was found guilty by a Paris court of crimes related to Societe Generale SAâs record 4.9 billion-euro ($6.5 billion) trading loss in 2008.
Judge Dominique Pauthe found Kerviel, 33, guilty of breach of trust and computer hacking. Kerviel was sentenced to five years in prison, two of them suspended. Pauthe also said Kerviel was responsible for the full trading loss.
Fully responsible ! Yes, and if I recall the trading days before his arrest - I would like to visit him in prison and show him what 240 lbs of muscles can do to his face !
Judge Dominique Pauthe found Kerviel, 33, guilty of breach of trust and computer hacking. Kerviel was sentenced to five years in prison, two of them suspended. Pauthe also said Kerviel was responsible for the full trading loss.
Fully responsible ! Yes, and if I recall the trading days before his arrest - I would like to visit him in prison and show him what 240 lbs of muscles can do to his face !
Then you need to go after his ex delta 1 team boss and also the head of the Socgen investment banking dept, all the back operations and the risk department heads and finally Daniel Bouton himself.
You think he is fully responsible? he's responsible, hell yes. But they are all responsible for that fiasco. Proof? Eurex started alerting SocGen in 2007 that one of their traders had abnormal large positions in the market. Since he was making money at the beginning, they let him do his things. Until he lost. Of course officially, nobody at SocGen knew anything. Unreal.
I had a dream that Justice was not corrupted.
You think he is fully responsible? he's responsible, hell yes. But they are all responsible for that fiasco. Proof? Eurex started alerting SocGen in 2007 that one of their traders had abnormal large positions in the market. Since he was making money at the beginning, they let him do his things. Until he lost. Of course officially, nobody at SocGen knew anything. Unreal.
I had a dream that Justice was not corrupted.