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at 3:56PM PST on January 1, 2009.
So you are not the one driving down the price yesterday. I cashed out my long at 2.74M price point, so your short and my cash-out are almost at the same price. :)
I think the meltdown for 1.5 - 2 Million will be way more "crazy" compared to 2.5 - 3 Million. I mean, 2.5 - 3 Million is the conventional wisdom, so reaching that status is "normal" for most people. :)
Shorting at 2.7 and result at 3 Million means only 10% loss, so it is no big deal, IMO :).
35% (limit) x 10% (loss) x 25 Million (your networth) = 700K DKP loss.
If the Dec 08 # is 4 Million (very unlikely IMO), then your loss will be massive :(
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