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Yet another long post where you pose as an expert on daytrading. What about giving ET quants specific rules that could be easily tested of all the magical chart patterns you are selling in your website?It doesnt have to be all, a few will do. I find it amazing how the resident ET daytrading...

Gross is talking about the hedge fund industry as a whole not one particular group. Check the article I posted back

GE(CME eurodollars)

This type of fund structure seems a recipe for disaster, they not only have the 10% updrift working against the short side, they also are not able to earn interest in the short selling proceeds(because that was spent buying stocks and they actually have the PB margin interest costs!). You need...

The options have strikes going above 100. It can go there, I'm hoping it does

I'm sure he would agree with this, but more often than not hedge funds are not doing these sorts of leverage bets. They cant as individual short selling is not an activity that can take a lot of liquidity, at least compared to the long side of all kinds of assets or betting in futures

It seems that the GSCI is up 35% YTD, add a bit of leverage and one could have made 50%. However it only became clear that the US was avoiding a depression in April/May, so the returns one could get would have been lower. And thats one trade I failed to participate, specially given that I would...

What you say is true but Gross is referring to the industry as a whole, the reason they show good returns(HFRI) overtime is likely due leverage and positive risk premiums. Anyone can do that with an IB account and a diversified long levered futures portfolio, and you dont pay 2/20 so your...

The valuation of stock prices do seem to show a degree of boom bust sequences or 'secular' trends The question is, do the same pattern exists in the amount of capital investment devoted to commodity extraction and therefore commodity prices?

I have not mentioned commodities. There probably lies the opportunities, if there is a secular bull market going on it will be an asset where 'multiples' will expand, people will pay higher and higher prices for storing or hedging them as protection against future disruptions and inflation. One...

Gross back in 2005 talking about low financial asset returns "Our own Paul McCulley, even before he rejoined PIMCO in 1999, made the amazingly simplistic but powerful distinction between disinflation’s journey and its destination. The journey, he suggested, had phenomenal strength much like...

http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2004/IO_August_2004.htm I've been always fascinated by leverage, its a very tempting thing to do. Currently my leverage is quite high, mostly due the fed futures position, netting that out I'm well below 100%. But if Gross is correct...

Bill Gross on hedge funds "Actually their wizardry in my opinion has little to do with buying or selling the right stocks at the right time and everything to do with leverage. Hedge funds in reality are just unregulated banks, operating on a poorly disclosed amount of equity capital and taking...

I noticed that, I rather stay out of this till there is some kind of sell-off ala Jun 2009. That NFP employment day should go down as the biggest opportunity in my trading career ever. I should have made 50% or doubled my networth in the months after that by loading up/pyramiding huge in the Feb...

I believe Bullard is onto something here http://www.bloomberg.com/apps/news?pid=20601087&sid=a6b235jJZM_g&pos=3 I will keep taking advantage of this by buying Fed Futures in the 6-7 month from expiration range and selling two months later. Right now I'm switching from May to Jul 2010...

Dear Mr. : Thank you for your recent inquiry regarding historical data from the Senior Loan Officer Opinion Survey on Bank Lelnding Practices. The Federal Reserve does not have any of the data available for the pre-1990 questions electronically. In 1990, the survey had a major overhaul...

Nice summary by Hatzius from GS http://www.zerohedge.com/article/goldman-sachs-v-shaped-recovery-unlikely I"m trying to find more data on the Fed senior loan survery from the 80's and 70's. I was not aware it even existed back then, the Fed site doesnt have that data

The implications of 12% UR for eurodollars could be large. I remember reading that analysis from FBR's Paul Miller that banks would struggle a ton with the rate that high, so perhaps libor could blow out. I'm monitoring libor and will keep in mind that risk even though I believe no fed hikes in...

I feel that I need to scrutinize his numbers is because he sometimes struggles with basic economics. He seem to be one of those in the 'deflation no matter what camp', he doesnt seem to understand that the Fed can beat any deflation by mailing $6T in USD checks through the UST-IRS or by buying...

For one thing the Mish numbers are assuming the labor pool will start to increase from now on, that has not been the case so far. Since Nov 2007 the labor pool has not grown, a lot of people are dropping out because they cant find jobs. This decreases the UR and masks a lot of problems, now...