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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: kckip who wrote (38244)1/30/2021 9:41:47 AM
From: skinowski1 Recommendation

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kckip

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Yesterday, I posted what I think about it.

Message 33171039

I suspect what happened is that brokerages failed to liquidate hedge fund holdings before they became illiquid. Those hedge funds where very short. When the market moved sharply against them, at some point their margin was no longer adequate. The brokerages had to either get instant cash infusions from the hedge funds — or liquidate immediately. Apparently, they haven’t. They failed to protect both themselves and their customers. So, they engaged in some idiotic, transparent market manipulations.

Again, that’s what I think most likely happened. Can’t think of any more likely explanations.
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