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  1. blakpacman

    FXCM stock discussion

    Most guys would rather bet on fantasy sports with FanDuel.
  2. blakpacman

    Ex. Galleon guy blows 100 million dollar hedge fund in 4 weeks.

    Maybe he saw the handwriting on the wall. With lagging performance, it was inevitable his investors would eventually pull out the $100 mill. I'm guessing his poor results in December caused him to revenge trade to try to make back his losses with devastating consequences.
  3. blakpacman

    becoming a billionaire with help from the US goverment

    A billion dollar real estate commission! That must be a record.
  4. blakpacman

    2015 Guesses for GLD

    Since 2014 ended with Gold closing at the bottom of its 18 month range, I will venture to say 2015 will close higher, but rangebound. There isn't the inflation out there to drive gold higher, so there's only (other than inflation) safe haven buying right now, which is invariably temporary.
  5. blakpacman

    Former Hedge Fund Engineer Receives 3-Year (Probation) Sentence For Stealing Trade Secrets

    Plus, those alpha-generating ideas lose their edge eventually. I knew a HFT who made a lot of money (several hundred percent on base capital per year) for several years, but then couldn't afterwards. A mistake on the title. Wish I could edit it.
  6. blakpacman

    Former Hedge Fund Engineer Receives 3-Year (Probation) Sentence For Stealing Trade Secrets

    http://www.valuewalk.com/2015/01/former-hedge-fund-engineer-receives-3-year-sentence-stealing-trade-secrets/?utm_source=mailchimp&utm_medium=email&utm_campaign=EMAIL_DAILY&utm_content=quick_link January 15, 2015 Ameet Sachdev Chicago Tribune Posted with permission from MCT Information Services...
  7. blakpacman

    Time to go long oil

    Markets never go straight now. Bear rally could ignite on ECB announcement. $55 is previous support and potential future resistance.
  8. blakpacman

    Time to go long oil

    WTI could go as high as $55 next week or two, but would be a bear rally to short.
  9. blakpacman

    Is The Bull Market Over?

    Stocks may have bottomed after the news of the greek bank run caused futures to dip sharply overnight.
  10. blakpacman

    Tesla : BEAR in my opinion, what is the bullish case?

    People buy Teslas to look cool, sophisticated, standout, and tell others that they are environmentally conscious. Besides the house, your car is the 2nd item you own that conveys your wealth and social status. A lot of people don't want to drive the "me too" car brands out there: Benz, Beamers...
  11. blakpacman

    But what about copper ?

    Metallgesellschaft
  12. blakpacman

    RBS bets ECB blitz to reach €4.5 trillion and reignite asset boom

    http://www.telegraph.co.uk/finance/economics/11340731/RBS-bets-ECB-blitz-to-reach-4.5-trillion-and-reignite-asset-boom.html
  13. blakpacman

    NY Hedge Fund Manager Shot Dead By Son

    I liked the Kill Bill movie sound reference. Funny Oedipus video quote: "Historically, the first MOFO."
  14. blakpacman

    New highs

    For the foreseeable future, nothing matters except central banks. Yes, new highs will be coming, but it's not related to employment. It's the world's central banks working together providing liquidity and keeping interest rates low, pricing risk assets higher.
  15. blakpacman

    NY Hedge Fund Manager Shot Dead By Son

    Hellboy 2: The Golden Army Prince Nuada Kills King Balor.
  16. blakpacman

    NY Hedge Fund Manager Shot Dead By Son

    You're probably right.
  17. blakpacman

    NY Hedge Fund Manager Shot Dead By Son

    The $200 was a trigger event, no pun intended. Seems that he resented his father for being successful, which had eluded him, and he blamed his father for not helping him enough. He probably suffered from depression. Look at his most recent pictures post-Princeton. He couldn't smile at all. Only...
  18. blakpacman

    NY Hedge Fund Manager Shot Dead By Son

    Seems like the son had it all: Princeton education, a rich father, arguably good looks. The world should have been his oyster. When did it all go wrong?
  19. blakpacman

    Guggenheim hedge fund stumbles

    http://www.cnbc.com/id/102314175 Guggenheim Partners has slashed personnel at an internal hedge fund that hasn't lived up to big expectations. The $220 billion asset management and investment banking firm cut at least eight senior employees in December at Guggenheim Global Trading, a roughly...
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