Yep I remember Martin Luther King day a while back that was when they were liquidating Kerviels positions, something like that. No one wants to be the face plate on the train.
Mav when you look at pairs do you look at dollar amounts, so if I am following you that short a stock at an A down long a stock at an A up would trend better?
http://readingthemarkets.blogspot.com/2009/08/heraclitus-and-quant.html
http://media.wiley.com/product_data/excerpt/11/04700235/0470023511.pdf
the second is a short must read for programmer types, lots of food for thought from one of the brightest minds.
rolled up in a ball, just kidding I am stalking a few longs but I gotta say this tape is scary. When commodities and equities are selling off together that usually means some big hedge funds are getting pounded. I tried get long earlier and got stopped out. Sorry I don't have much to add, I...
man I gotta say this adds points in the Beau coloumn for me, the CME, CBOT and CBOE has had its share of looney tunes over the years. The only thing that matters is if you can trade, some funny, seriously entertaining shite on this thread!:) :) :)
Lets face it if you covered es above 1300 you are looking pretty smart right now. You know that some percentage of fund managers did by skill or luck, and that's the problem its pretty hard to say which is which, was Bill Miller lucky or skilled for example. He shows a great track record over a...
yes it does, by the way I appreciate the effort and am always open to learning new things. You are right I am thinking in terms of relative correlation. It seems like everything is macro correlated right now. I guess the idea would be to find the stronger performers in a weak bunch. I would...