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that's not what he said.

from what does a currency derive its value vis-a-viz another currency?

Niederhoffer is apparently on a list of possible props that Goldman can use to distract inquiring minds from scrutinizing its own, and Thomas Lee's own, nearly unbelievable blunders in the Refco IPO disaster and subsequent divvying up of the spoils. GS and Thomas Lee are supposed to be at...

seems like the yen is in a race with the euro to get to zero. attracting lots of cap to Japan these days, imho.

ahh yes. sounds very familiar.

He's like Lou Rukeyser for the Prozac generation.

:D :D well done, skalp. you're learning.

anyway his blog has been around since 2000, mine since 2002. the proximity of the names appears to be...coincidental!

you watch too much TV. :D

listen up, wannabes and pups, here's a lesson in life you did not learn at that country club where you got your degree or most anywhere else for that matter. It has to be beaten into you: the more criticism you get, the likelier you're on the right track and making a difference. the...

sounds like something an IB customer would say. before there was IB, there was a futures industry, you know. in fact, it goes back for generations. I agree that IB has no acquisition (or much other) experience. But the problem isn't that "refco is a sinking ship" or that "all the...

ib...takes itself too seriously.

"buttoom" must be asian for "top."

815 or so NY time -- what happened?

yes, no, and it doesn't matter.

HE was probably watching his VIX.

the run up! that was the clue to the bounce. hello!

happy anniversary.

goodgawd, mate. look at the run - up preceding! that was news.

traders seem to be about as big a group of a**holes as any. present company excepted of course.