I have no idea what yesterday's eruption by F is all about, but I think it lacks any sincerity in as much as the buying was absurd and in my opinion the work of an 'unseen hand'. Brown desperately wants the UK to look good with so many visitors for G20.
I was at Liffe yesterday for a 'course', but good to be in London and see a couple of friends.
One of the burning questions for me was answered- are there any equity option traders left? Answer very few- liquidity on many of the biggies is often zero, so it's all down to the index- boring though it may be.
I missed out on shorting (by buying puts) Yell and RBS(inside info on latter)But will keep an eye on my watchlist -one company I think will survive very well is MAN group.The odd long term equity play can be a good adjunct.Only using options though.
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