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  1. M

    S&P 500 very close to intermediate term top

    Great, then I can retire!!! :p
  2. M

    Economy Has Worst Growth Since 2002

    Very bullish IMO. Low growth = interest rates cut = more money to fuel M&A = invisible bid under the markets = higher prices to come :D
  3. M

    S&P 500 very close to intermediate term top

    Are we breaking down yet? ghostzapper, should I cover that 2000 ES short position that I initiated on 1505 :confused: It's at 1537 now :(
  4. M

    Rapper makes 400 million by investing in Glaceau

    http://www.nobodysmiling.com/forum/showthread.php?t=121721 According to this article #1 Jay-Z #2 50Cent #3 P. Diddy
  5. M

    Rapper makes 400 million by investing in Glaceau

    Not bad for a brotha :eek: A lot of these hiphop guys these days appear to be astute businessmen. Sean Combs, Russell Simmons, Dr. Dre...
  6. M

    How do Hedge Funds get around the 90% Failure Rate?

    LMAO Ok right, not very good at all. In fact, Medallion is a joke and "Simonis" is a fraud :p
  7. M

    How do Hedge Funds get around the 90% Failure Rate?

    Could you please provide a list of hedge fund managers that returned an average of 4% over the last five years to their clients while at the same time making $350m annual on average? I have a feeling the list will come out empty.
  8. M

    How do Hedge Funds get around the 90% Failure Rate?

    The problem is the broad public can't invest in hedge funds because the generally undercapitalized broad public is hardly the target audience hedge funds seek. Plus a large number of funds regularly stop taking new money. Few professional money managers get substantial fund commitments...
  9. M

    who here had a tough day today ?

    I know it sounds like capitulation but sometimes going to cash is a good option. When I see a certain strategy has been in a drawdown for longer than it historically did and has a hard time getting back to a new equity high (or worse, keeps making new lows) I always consider going fully to cash...
  10. M

    Short DAX at 7740

    He'll tell you he's "averaging in" :p
  11. M

    How do Hedge Funds get around the 90% Failure Rate?

    I just wonder..why are so many of them closed to new investors???? Wouldn't it be smart if they just accept more and more money and thus make more on the 2%?????? :confused: Oh it's so easy to get a track record, raise $100 million and then just cash in on the 2% with zero performance. Of...
  12. M

    Goldsman Sachs flagship hedge fund loses money, despite hiring 17 Amaranth advisors

    It's a global macro fund betting on macro events to unfold in currencies, volatility, interest rates and commodities. These types of funds usually have zero correlation with "the markets" and don't gain nor lose nor care much if stocks indexes are up or down. That's the whole idea of...
  13. M

    Today was the start of an intermediate term correction

    $$$$$$$$ Congrats to all dipsters :D
  14. M

    Breakdown about to occur

    I pray for you Michael you're not actually positioned as short against the market as your posts indicate :p If you're negative about this market I think the best right now is cash and a lot of discipline waiting for real technical damage - a 5 point drop on average volume is not damage but a...
  15. M

    who here had a tough day today ?

    Don't dispair, we all go through drawdowns every once in a while. I know it feels horrible to be down in a hole and crawling out of it feels like walking through an infinite dark tunnel without any light at the end of it. Every day in the hole while the markets are up makes one feel more and...
  16. M

    market higher becauseeeeeee???

    What if I want to make money instead of trying to do what my feelings tell me? Don't I have to go long then :confused:
  17. M

    Breakdown about to occur

    Couldn't it possibly be another bear trap that's setup and now is about to ready to snap off a couple heads as we move higher :confused:
  18. M

    NYSE short interest +7% in a month

    Some interesting food for thought on even and odd-lot short interest ratios(source: TheAstuteInvestor.com):
  19. M

    S&P 500 very close to intermediate term top

    Was it bluestreek before and thorn before that? :p
  20. M

    S&P 500 very close to intermediate term top

    LMAO!!! ghostzapper.. should I cover the 2,000 ES contracts that I shorted around 1505 per your suggestion? What to do from here :confused:
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