got fiance's coworker runs a hedgefund (20 mil i think) and she told me he's been getting very worried past couple days, guessing he is cause half of his funds are in derivatives
Anyone watching copper SEP07? -8.4% definitely "looks" like forced liquidation just by looking at price action.
It ain't ET doin' all the sellin' Of COURSE its hedge funds, as well as any and all money management firms that are unwinding - they control all of the assets, duh. And there will be implosions a plenty. Song playing "Let the bodies hit the floor", and think of that scene in "V for Vendetta" where "V" sets off a chain reaction with one tip of a single dominoe..........and they cascade into the giant pattern.....
another song will fit very well too- The roof, the roof, the roof is on fire, The roof, the roof, the roof is on fire, The roof, the roof, the roof is on fire, We don't need no water let the motherfucker burn, Burn motherfucker burn. http://www.youtube.com/watch?v=n8h7lQ32zpo
Liquidation at hand, and I don't think we've even seen the real start of it - there is a potential for momentum to cause a snowballing effect worse than this.
ya know, when hedge funds go bust because the market dropped 9% in a month (and the market is barely down ytd), you know the fund managers arent qualified for shit to invest money. i read these articles with much delight.
I swear I remember one fund bucking the 2 and 20 fee structure and doing something crazy like 4 and 40 - hey, no one puts a gun to the buyers' heads