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I look at Average Drawdown/Profit, Time to Recover, Sharpe Ratio and Equity Curves. Call it data mining, but I put my money into MAN AHL, Winton and Tulip Trend and NOT into a 4 year sideways churning Superfund. P.S. Ever wonder why Superfund never reached any substantial inflow of...

Sweet, but what good is all that if he managed to burn it away with an 80% drawdown afterwards? :p MAN AHL Fund. $2.6bln. Equity curve a LOT LOT smoother than the Superfund garbage. Also check out Winton, another good fund. With Superfund, if you managed to enter on the May 2002 (!!!)...

Here you go buddy: 2007 Performance: Jan: -4.60 % Feb: -11.47 % March (Month to date): -11.10 % YTD: -24.92 % (!!!) Still horrible in my book, compared to ANYTHING, even if they are in the 99.9999% percentile :D

We need follow through either way. Either a huge down day to new lows or one or two sideways sessions and another 1%+ upside day. Both are equally likely in my book and until either materializes I am net equity neutral. Today's rally was impressive looking at up volume % and breadth. NYSE: Up...

If this is another bull run to higher highs then this will catch many off guard :p

In TWS, goto CONFIGURE -> ORDER MANAGEMENT -> ORDER TYPES -> CLOSING -> MARKET ON CLOSE

Either way is pure speculation. No side has an edge here statistically. Having a bias of where the market is headed over the next three sessions in a hurt market like that is gambling IMO.

Tuesday March 6, 05:21 PM: Man Group says AHL fund NAV down 8.23 pct from last week LONDON (AFX) - Man Group (LSE: EMG.L - news) plc said the net asset value of Man AHL Diversified Futures Ltd at the close of business on March 5 was 27.42 usd, down 8.23 pct from last week and up 6.6 pct over...

One of my favorite books :p

Sidelines gives you 5% annual return with no volatility. That's 0.41% a month, 0.82% in two months, guaranteed. I don't think you can rule out that cash can outperform the SP500 from here on for a few weeks/months. I'll take that until the smoke clears and there are sound technical signals in...

Today was just another argument for being agnostic towards the market.

Today another dead cat bounce.

Moscow -4.57% :p

WOW!!! Imagine what they will say when it becomes 45-65% UNDERVALUED AT HSI 11000!!!!!!!!!!!! IT WOULD BE A WORLD OF OPPORTUNITY!!!! :D

HOLY MOTHER OF GOD! IT'S BLOOD IN THE STREETS!!!!!!! THE SKY IS FALLING!!!

Maybe not anymore (possibly due to size). Not so in the 60s. I often see the famed "investment partnership" from the early days. This was a hedge fund and Buffet was actively trading at that time while size was small enough. If he still were using the same style today he would probably be called...

You have to handle rallys in a downtrend the same way you handle buying in an uptrend. Balls of steel help. Of course, you only know if there is actually a downtrend after the fact, otherwise it would be a tad too easy :p

Many lemmings will get burnt in the short covering rallies that inevitably lie ahead of us.

Besides the current turmoil, that's "fantastic" news for hedge funds abusing the carry trade. The margin call might just have come a bit closer for a big chunk of speculative capital.

This is the kind of bad news the market needs now. After all, in a couple months people need to be able to recall a "reason" to remember why the markets sold off. "Oh ya!! It was Subprime!!! Yea it was so logical and foreseeable!!!" New Century Financial Corp. (NEW) Last Trade: 14.65 Change...