short postions, page-25

Loobs,

You and Geezer have been calling sub $3 for ages and every week it's "imo it'll be down below $3 by Friday, but on most occasions it's bounced up and down.

I'll give you credit for getting it right this time but let me put some perspective to this. The sub $3 only came about after the Fed announcement followed by the Chinese PMI outcome. I don't think you can honestly say that without those events you would've seen sub $3.

Now, only a few days after the event we're seeing that the prices are starting to creep back up again, even though iron ore prices have been dropping all week.

What does that say? I think you're a lucky person Loobs. Or you could have a crystal ball and knew the events ahead of time.