Those who have been trading CFD's for a while have most probably heard of Evil Knievil. He is known to have made millions shorting the market for the past few years. Although, recently by what I have heard "he has not found the going all to his liking and things have not gone according to plans. For instance one of the positions he found himself on the wrong side, became the subject of a takeover bid; the company was Countrywide Plc. So I am just wondering at what stage this "Bear Raiding Legend" as he's called, exited his losing position? If anyone can shed more light, please let us all know here.
Wednesday, 31 January 2007
Evil The Devil ..?!
Those who have been trading CFD's for a while have most probably heard of Evil Knievil. He is known to have made millions shorting the market for the past few years. Although, recently by what I have heard "he has not found the going all to his liking and things have not gone according to plans. For instance one of the positions he found himself on the wrong side, became the subject of a takeover bid; the company was Countrywide Plc. So I am just wondering at what stage this "Bear Raiding Legend" as he's called, exited his losing position? If anyone can shed more light, please let us all know here.
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