RE:RE:This smacks of the 07/08 derivatives crisis Just trimmed positions in the US financials holdings. I am confident in the long game, however I believe that we may experience some more turbulence in the short term. The forced SELL orders were induced to prevent further loses. Got my popcorn ready and waiting for the info to come in.
I may not be right but then again, I am playing with my own dough and can alwasy re-enter the game once the sky clears out.
GLTA
silkos wrote: I think that there is more to come on this topic. If my sixth sense is right, this could lead to a sharp downturn. Gotta have a look at my holdings and trim / cover.
Marner16 wrote: Bill Hwang has been busy.
How deep does this go? Did Goldman and Morgan nip it in the bud? So far, there has been no fall out.
https://ca.finance.yahoo.com/news/billions-secretive-derivatives-center-archegos-102415242.html