No degree in any subject is going to teach you risk management. Only in theory, maybe economics and statiscal probablility will help a little. Trying playing poker over at the casino with a set bankrolll and see how you manage your risk within a certain limit and if you are profitable.
They are not going to find anything tangible on his superiors. All Risk managers do this. They put one thing in email that shows they are trying to control risk and they say another thing on the trading floor. that gives them plausible deniability. Sorry, Kerviel you are the patsy and you...
try Direxion Daily China Bear 3X Shares (CZI) and eev ProShares UltraShort MSCI Emerg(NYSEArca: EEV). Its not just real estate but the whole china sector and emeriging market sector. They should make an etf just for Chinese real estate.
They don't really front run retail customers rather than more huge institutional block orders. But if it is a huge volume of retail customers wanting to buy up C they could possibly fill their book first and give you a remaining higher price for your fill.
What do you think of these new charges against HSBC and JP Morgan for silver manipulation to keep the price down by Andy Maguire? Eventually Silver has to run up.
These ultra short etfs are they good to hold long term(6-12 months)? I thought it is more for daytraders since the index resets every day and it does'nt proportionetly go up much in the long run compared to the index its tracking. Also the number shares turned over every day in these is...
Its funny the irony, of having social programs of subprime loans to give the poor man a chance at owning a home feeds the pockets of rich fat cats on wall street.
That seems reasonable too. But if you look at FXP (ultrashort China FTSE index) it was $600 in '08-'09 beginning. Now its $40. If there is a crash that etf could take off.
Look at ATPG. It just took a dump after the oil spill news. They do a lot of drilling off shore off Texas and Louisana. Its down like 20+% from when the oil spill news came out. It could be a good short for this year.
I see, its basically like owning a corporate bond. except the homeowner acts as the corporate borrower making payments based on the difference between coupon and market rates.
It seems better than what we have here. It seems like a floating mortgage loan based on what home prices are selling for. It seems home prices fell by 20% so therefore the government will allow you now that you owe 10% less of a mortage loan. If only we could have that here.
I think the government should get rid of Unemployement Insurance. If you are unemployed and need money the goverment gives you money but then you have to make a commitment to join Us armed forces for two years. That way people get training in a different field and have a different set of...