Ospraie, It took 8 years to reach where it was, one of the largest commodities fund. It took nearly (or less than) 8weeks for it to close! According to a news published on Reuters, Ospraie Management LP is shutting its flagship commodity hedge fund after losing 27% in August and almost 40% this year, according [...]

Here is what I mentioned about last Thursday rally to OPN subscribers before the market open last Friday, rest is history-
Overall volume was only 3.7 billion yesterday and upside volume was only 62.8% of up + down volume. Furthermore, breadth was very weak — this is a weak rally and I don’t buy into it….
What [...]

Temasek holding delivers record profits S$ 18Billions (US$12.8 Billions @ 1U$=1.4 S$) for 2008. Who the heck this Temasek holding is? And why should you care about them? Alright, they are the largest shareholder of Merrill Lynch. They are powerful enough to negotiate with Merrill to recoup all their Merrill investment losses by halving their [...]