| and theres more....
..cast your mind back to the year rubber jonny major was leading the conservatives to an election he couldnt win......
cliffy j, we'll call him, a very bright lad, schooled in options trading for a company that went by the name o'conner who knew their left hand from their right (rare for liffe traders)
cliffy by now, had long moved on and was plowing his way as a local backed by a bad tempered sepo we'll call steve w. cliff always was number crunching and viewed ftse options with relish as the election grew closer. maybe with too much relish. ...
one day on the national news they carried an article about some mad punter who had backed jonny major to win the election with £50,000. well, we all thought the bloke was nutz too on the floor, cliff included, and we all wished we could lay the idiot some more ourselves.
so election day came and unbelievably jonny stormed number 10 !! shcok horror , ftse volatility dropped down like some lovely ladies draws u might find at the minories on a thursday night. when i mean dropped i mean it dropped, loads and loads of percent. funny enough, amidst all the trading activity, no cliffy ....stevie w showed up at the pit edge demanding had anyone seen him....that'll be a no then..........infact, a few of the pit twigged......50k bet..cliffy long premium in the pit...the boy had pulled off the rio hedge in one hit.
guess what, cliff was or has never been seem again. good job really as steve w made no secret he had a contract out on the lads head to fit him with a pair of over sized concrete guccis..... |