EnergyTrader

Recent Comments

  1. 1
    Posted 2010-09-29 18:15:00 on Bank Of America “Exploring Best Possible Ways To Comply With Volcker Rule”

    BofA had no bidness buying ML. What a mess.

  2. 2
    Posted 2009-11-24 21:36:30 on John Arnold’s Greatest Trade: Blowing Off Brian Hunter

    I am sorry but this is very old news. The story actually continues that Arnold did eventually quote Hunter a market in a the H/J which ended up being remarkably remarkably accurate. The reply I read was actually funny: I was not in the office on Friday but I understand you were selling h/j [March/April]. The market is now loaded up on recent, bad purchases that they will probably try to be spitting out on Monday if there is a lower opening given that spread has been in free fall. In my opinion, fundamentally, that spread is still a long way from fundamental value." Implying Hunters buys sucked, which they did. I heard the quotes for size were: h/j 07: 45/60 previous close of 1.15 on the close of 9/16 and 1.00/1.20 for 08 which had closed 2.20 on the 9/27 h/j 07 closed at .58 All in all, an old story but a great one. P.S. nice fades John, truly one of the greatest traders alive.