Meekat,
You said "and I sold off some CDS today... what's the point of holding if they can't stand their ground?"
So do you call going from 15c to current 31c in 6 months(highs of 49c on the spike) when the rest of the market was going backwards at a rate of knots "not standing their ground"
I guess your right - this is not standing its ground its taking several steps forward. Shame you got in too late!
Congrats on your sell - I hope you made your targets. Please have some respect for other peoples trading patterns. Just because you have been around for a while does not make you right or wrong - just old!
Lets reassess where we are in a couple of weeks.
Maxi
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