a close friend told me this morning that a large hedge fund needed to liquidate some positions due to a margin call. fund unloaded a bunch of equities and that news hit the trade desks. says selling in commodity related stocks will continue tomorrow. he also called the bear stearns fiasco as well as lehman which i posted.
yeah was the rumor of the day. nothing specific at all from witch fund or what. i wonder the fund the rumor is about Do you think Chris Cox will end shorting of the energy names becaause of "rumor mongering"?
It wouldn't have made a difference because he quoted the pizza guy comment anyway. And then you just bumped the thread. And so did I.