caylus commits - thursday, page-142

Hey Bluesdog

Missed my DAX reshort at 5650 today....pah. Got reloaded on the Footsie at 5200 though so thats good.

Hit 12 odd euro low. Nah I didn't short SG (too micro, too dangerous) but I'm short the CAC (First time in the history of trading I'm actually trading this index).

Breaks 10 Euro, and it's Bear Stearns redux. Back to 20 now. Worth a look see. But there's another fish out flapping its fins trying to breathe for air.

Unicredit is at 0.80 EUR. Hit new all time lows (even including GFC) of 0.63 EUR.

Feel like betting on the wings of the proud, fanciful and ballsy?

John Paulson ANNIHILATED RBS back in 08/09. Rumor was he shorted 80% of the market capitalisation. RBS went nationalisation route at 8 pence falling from 60 odd pence.

Unicredit fell from 3.00 EUR down to 0.63 EUR and bounced in the last 3 days to 0.80 EUR.

Hmmmmmm. More to come.