What just happened....
- Thread starter ang_99
- Start date
FredBloggs
Guest
who told 'them' i was short 
:eek:
:eek:so much for the move up
http://quote.bloomberg.com/apps/news?pid=conews&tkr=RFX:US
REFCO Assets Frozen Today in France
REFCO Assets Frozen Today in France
The following Is Being Issued by Maitre Frederik-Karel Canoy
NEW YORK, NY -- (MARKET WIRE) -- 11/09/05 -- At the request of plaintiff Maitre Bertrand JEANNE, a French Public Officer representing the interests of Gerard SILLAM, three 30 million euros Court orders were entered yesterday in the Paris High Court by French Judge Eric VIVIAN.
Is this your cause.......
REFCO Assets Frozen Today in France
REFCO Assets Frozen Today in France
The following Is Being Issued by Maitre Frederik-Karel Canoy
NEW YORK, NY -- (MARKET WIRE) -- 11/09/05 -- At the request of plaintiff Maitre Bertrand JEANNE, a French Public Officer representing the interests of Gerard SILLAM, three 30 million euros Court orders were entered yesterday in the Paris High Court by French Judge Eric VIVIAN.
Is this your cause.......
I got burned on the big move up today.
As best I can tell, it was caused by heavy short covering in the energy sector.
The move occurred shortly after Oil spiked up a dollar in just a few minutes and settled above $60.
Until now, the market appeared to have a negative correlation with oil. When Oil went up, stocks went down.
imho, that may relationship have changed, due to the current heavy short speculation in energy stocks.
The market taught me something new today. It was an expensive lesson.
As best I can tell, it was caused by heavy short covering in the energy sector.
The move occurred shortly after Oil spiked up a dollar in just a few minutes and settled above $60.
Until now, the market appeared to have a negative correlation with oil. When Oil went up, stocks went down.
imho, that may relationship have changed, due to the current heavy short speculation in energy stocks.
The market taught me something new today. It was an expensive lesson.
This is one of the reasons I don't watch news, oil, dollar, bombings in whichever hotel - this is moving inverse to that - just price. I used to watch all that stuff and found myself second-guessing. I still second-guess but now the noise factor is very minimal. It's actually more tiring to do that, go figure.
Yes I was long before that run up, but getting the extra leg out of it was being right place right time.
Took the short at 602 YM but missed the full ride down to 560s
Edited to add: Yes, there will be some who think it's anathema not to be watching the latest killer news feed etc., for me I need to know less the why and the more that it 'is' - the news is in the move, makes sense? (I find out later the why)
Yes I was long before that run up, but getting the extra leg out of it was being right place right time.
Took the short at 602 YM but missed the full ride down to 560s
Edited to add: Yes, there will be some who think it's anathema not to be watching the latest killer news feed etc., for me I need to know less the why and the more that it 'is' - the news is in the move, makes sense? (I find out later the why)