Replies to post #567580 on $Stock*Shop*Charts*News*Option$

[Tuff-Stuff]

The World's Richest People Lost $70 Billion Yesterday


(Not me, I made 600%_ on options trades)

Certainly not even a millionaire!



The world's 400 richest people lost a combined $70 billion on Monday as equity markets around the globe were hammered on fears about Greece and declines in China fueled by leveraged investors exiting the market.

The loss for the billionaires amounted to an average decline of $175 million, according to the Bloomberg Billionaires Index. Nigerian billionaire Aliko Dangote, Africa's richest person and the world's 59th-richest, was one of only 12 billionaires among the 400 to increase their fortunes on the day, rising $180 million to $15.3 billion. Dangote Cement rose 2.35 percent

cont http://finance.yahoo.com/news/worlds-richest-people-lost-70-121917606.html?l=1

[DiscoverGold]

Always check the BLOCK TRADES in Money Flows after close to see how they position themselves.
The last report is at 5:32 pm ET, that is when the big trades appear.

http://online.wsj.com/mdc/public/page/2_3022-mfsctrscan-moneyflow.html?mod=topnav_2_3024

- George.