Big red roo.... nice a nic.
you post
"so either hold for a final distribution from the administrators, or get out if you can decently cover your position - and remember losses carry"
Reading the posts lately that seems to be the only two strategies. Some have got out, but others are waiting to see how the big boys will get out salvaging as much as possible.
What I am interested in is some speculation on how they are going to minimize loses. As yet the only feed back coming back is just hope for hope sake and the thought that MF will have a plan to get out at higher levels than these. In a bull market I would have thought that a real possibility but in a bear market.....well if they can pull that off that will probably be the best management performance they have given to date.
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