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Once again being a bear is not an easy job, when there is so much money out there to be had. futures is still showing RED Heikin Ashi on a daily bar but intraday bears are dead in my view. will see how today's outcome. I am sitting out to see what the Power that be got to say.
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The judge's ruling used internal chats between HPS employees as further proof the creditors had no idea the wiring was a mistake until after Citibank sent notices. In the chat, which was dated a day after the mistaken wiring, HPS employees joked about the error:
DFREY5: I feel really bad for the person that fat fingered a $900mm erroneous payment. Not a great career move . . . .
JRABINOWIT12: certainly looks like they'll be looking for new people for their Ops group
DFREY5: How was work today honey? It was ok, except I accidentally sent $900mm out to people who weren't supposed to have it
DFREY5: Downside of work from home. maybe the dog hit the keyboard
The lenders cannot take the money and run. Since an appeal is a possibility, a temporary restraining order is still in effect.
Charts posted are not recommendations. They are just a sharing of information.
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