Friday 1 December 2006

Volume and Volatility

The midweek witnessed four major gambles in the Premiership matches. Dynamic and volatile markets are always going to attract the professionals and there was some serious fingers being burnt by the final whistles.
The most entertaining gamble was the excessive late money globally on Man Utd against Everton. The gamble on the Reds began following the announcement that United were leaving out 50% of their 1st XI. Our trading team were always more convinced that the Toffees focus was Sunday's live Sky match against Dodgy Icelandic Business Man XI but the quality of the late gamble on the Mancs was worthy of note.
Portsmouth could not have been more focused against Liverpool. After going through the motions at Newcastle, there was a gutsy determination about Redknapp's gang on Merseyside. Asia was always with Portsmouth but there was apparently a considerable amount of money around Europe for Scouse.
Arsene Wenger was on the wrong end of another "interesting" event in the defeat at Fulham. Once again, there was a major global gamble on Wenger's boys which became increasingly pear-shaped with every passing minute. The main man Howard Webb undermined any hope of a comeback from two down.
The fourth gamble was on Man City at Villa and was landed with comfort. Bookies 2 Punters 2.
There has been impressive liquidity on the football betting markets this season but it is evident that there is considerable blind trading (even by the pros).
We maintain a total and absolute confidence in our proprietary trading operation but we predict that there are tough times ahead for some of the other key market players. Pattern recognition at speed is the key.
We DO like volatile markets :)