OH MY... HSY cancels WWY deal!

Discussion in 'Trading' started by theShadow, Sep 18, 2002.

  1. The overnight, pair traders on this just got slaughtered if they were long HSY and short WWY.

    Millions were lost at Bright Trading when the GE/Honeywell pair trade went bust.

  2. don't worry, all ya gotta do is add to the pair, right? average them suckers down!
  3. its not all lost, you can trade againts the pairs and improve price and even GE/ hon came back...i know many that trade them in reverse as a form of risk control .... any one out there recomend some good liquid pairs to daytrade ??
  4. Look at the bright side (no pun intended). If any new chart technicians want to see a shining example of a massive island top . . . :D