credit rating downgrade, page-71

evopilot

desperation has a distict odour so your last comment is correct as you are driven by desperation.

Sometimes in trading its important to understand that thaking a loss can be beneficial.
We clearly saw this for the Canadian fund who sold the first stack av 1.7 and the next stack 1.4.
They would now be looking at 1 cent and a lot lower if tehy had not pulled the trigger.

All IMHO of course and speaking from experience, some go well others don't its all a game.

Fort