the de-hedging of the hedge play..., page-22

?
ADR traded on friday night for ncm was down GHT,,,it certainly does not always follow, if it did we would not have fallen so dramatically last monday we would have followed the cascading falls in the five days prior..

forget the other exchanges,,just look at our exchange and our marco environment,,PMI anoother really bad number...aud, government,,,,split economy etc, xjo falling below and losing grip with 4000, etf selling etc

but liquidity low on top of falls europe and usa on friday due to holiday...sadly i wanted to go out but some one opened the exchange :(