Thursday, October 9, 2008

Nyx

Today price of ndaq crossed nyx. Nyx is such a sad story. Currently ndaq price is 26.83 and nyx is trading at 26.29. Such a loser!
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2 comments:

Complacent Panda said...

Thanks for wishing luck the other day. Looks like it at least stopped some of the bleeding. Heh.

Anyway, I'm thinking that the lifting of the short selling ban actually helped the markets because people who were short are now going to be covering to prevent loss in the long run. Without them you just have a bunch of people panicking that prices are going to go lower and thus selling; meaning, without them you have no one panicking that prices may be going higher.

At least that's how I see some of it.

October 10, 2008 at 6:37 PM
MatchPointTrader said...

You are welcome :). I missed the whole Friday Fun but I won't complain ;).
I think you are bang on about the ban. It was hard for people to know what will happen when the ban gets lifted and it just added more panic. That also removed amazing short-squeezes. I hope market recovers and stabilizes soon. I am sick tired of loosing $$$.

October 13, 2008 at 4:47 AM

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