I was a commodity broker for a time. A colleague pursued a large Chinese account for three, gave up, then they came to him. They had lost 2Billion$ specing and their previous broker booted them out fearing legal risk. Turned out these guys were supposed to be front running Chinese moves, but couldn’t resist playing teh market with state capital. They were going to “make it back”. Yeah right. Few make $2B, fewer get the chance to lose that much!
Artifice here-Since the BIG sale, Soya has only been down, lest see if she can do better tomorrow, it f not, looks like a failure on good news, a sign of a not bull market.
