SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (7236)10/21/2005 8:52:45 PM
From: aknahow  Read Replies (1) of 33421
 
Unwinding my thoughts, on unwinding REFCO'S large multiple positions.

First I would unwind all long positions in which I had a profit. This would probably drive most commodity prices lower even without trades being made in some markets where I was short.

After the collapse caused, almost across the board, I would then cover my short positions.

I see this as possibly what could have been done, and yes, I am using hindsight , and still wondering if this makes any sense.

Is this why gold and silver went up today?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News