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MF GLOBAL (DE) Message Board

  • dasamaru40 dasamaru40 Oct 15, 2009 2:55 PM Flag


    If you are this disgruntled with the performance of MF, maybe you should kiss it goodbye as well as , this message board. Build your comfortable position and wait ! MF is likely to join the restricted ranks of primary dealers and its investment profile will likely benefit. Remember the gyrations of the shares last year. From the low thirties to seventeen and then a plunge , before you could blink ! Picked up a lot of the shares at five and swatted them out at the previous support level at fourteen which had become the resistance level. In again in the last two months at 5+ and 6+, larger positions than last year. If you can afford to wait and can accept the risk, there is the likelihood of good gains. MF has been bulking up on talent as other financial institutions despair and exit or reduce their exposure to derivatives and the forex markets. I think this way is a better avenue to enter the commodities and futures markets, with less risk ! Patience and perserverance are the keys to unlock the vault ! Good luck in whatever is your decision.

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    • Cheers David, and thank you for your thoughtful analysis. Yet as you can see, this POS leads the declines everyday, in fact, 4 straight up days in the market and MF led in declines!

      It is not MF's talent that I question, rather the crap stock performance!