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SocGen: ‘Retail Investors Just Learned A Very Painful Lesson’
Yes, hello Target? It's me Bob. I know I quit last year and I know that on the way out the front doo
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i give in–sold the short positions sds, bis, qid and vxx. i bought the BTFD.
small ura miners, rear earth remx and a bunch of little miner guys.
also got long Japanese and american banks, assuming rates go up i am short bonds as well. (long dated options)–the short bond trade has been good for the last few weeks.
thanks H
good luck to all
sb
Trading has been er…. tough over the last few days, whipsaws all over the shop, but can you imagine selling naked Puts in SVXY or XIV, dear god. Even I’m not that stupid.