lol here's a conspiracy theory for you to chew on.
Let's say you are Dubai and you know that you are going to
announce this big negative news. So before they announce the
news, they could short a butt load of World Index futures and then
cover them in the morning for huge profits, probably make $5
billion or so and make enough to pay the installment of their loan
lolol.
IDK - is that not one of those things that sure might well be
the case, but in accordance with everything we have ever learned as
trader's - know your max. risk tolerance and accept it PRIOR to
entering the trade. Is it really reasonable to see a room
fulls of otherwise realtively smart people (maybe that's the error
in this thought process?). If they were really doing
that, could they (Dubai) accept the FULL potential for this trade
to go wrong? Not saying they didn't, but that's the realm of
titanium stainless steel cajones! Would be the first time
someone decided on a risky exit to a bad trade (chugging down more
debt than you can service). Monday will be more than a little
interesting, as will the overweekend futures market action.
Trade well.
lol here's a conspiracy theory
Posted by matt on 27th of Nov 2009 at 12:20 pm
lol here's a conspiracy theory for you to chew on.
Let's say you are Dubai and you know that you are going to announce this big negative news. So before they announce the news, they could short a butt load of World Index futures and then cover them in the morning for huge profits, probably make $5 billion or so and make enough to pay the installment of their loan lolol.
A pretty risky bet ... ?
Posted by tahoe on 27th of Nov 2009 at 03:40 pm
IDK - is that not one of those things that sure might well be the case, but in accordance with everything we have ever learned as trader's - know your max. risk tolerance and accept it PRIOR to entering the trade. Is it really reasonable to see a room fulls of otherwise realtively smart people (maybe that's the error in this thought process?). If they were really doing that, could they (Dubai) accept the FULL potential for this trade to go wrong? Not saying they didn't, but that's the realm of titanium stainless steel cajones! Would be the first time someone decided on a risky exit to a bad trade (chugging down more debt than you can service). Monday will be more than a little interesting, as will the overweekend futures market action. Trade well.
I wouldn't say conspiracy, I'd
Posted by lpwise on 27th of Nov 2009 at 12:58 pm
I wouldn't say conspiracy, I'd say probable
Conspiracy
Posted by whistlebear on 27th of Nov 2009 at 12:44 pm
And Goldman Sacs was their advisor, they too made a sh.. load on this!
GS : God's servant Doing God's
Posted by beantrader on 27th of Nov 2009 at 12:57 pm
GS : God's servant
Doing God's work.
But Who...
Posted by saturn6 on 27th of Nov 2009 at 01:00 pm
is their God?
GS's chairman seems to think
Posted by beantrader on 27th of Nov 2009 at 01:04 pm
GS's chairman seems to think they're doing God's work.
http://www.independent.co.uk/news/business/news/business-diary-say-a-little-prayer-for-goldman-sachs-1826898.html
No insider trading laws in
Posted by beantrader on 27th of Nov 2009 at 12:38 pm
No insider trading laws in Dubi
This not a conspiracy theory,
Posted by huylam on 27th of Nov 2009 at 12:31 pm
This not a conspiracy theory, that's just good business, maybe they're learning from GS.
In Chess, it would be something like a discovery check.
yep, I'm trying to learn
Posted by matt on 27th of Nov 2009 at 12:36 pm
yep, I'm trying to learn from GS too lol. Geeze these are crazy times we live in.
Dubai
Posted by parki48 on 27th of Nov 2009 at 12:30 pm
that's a good one Matt, you are probably spot on
I'd say they made their
Posted by cal1 on 27th of Nov 2009 at 12:28 pm
I'd say they made their trades at Goldman Saks
true
Posted by parki48 on 27th of Nov 2009 at 12:32 pm
now that would not surprise me one bit