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  1. M

    Monoline update: hedge funds the only people who know what they’re doing

    My guess is that 50% or more of the hedge funds started in the post 2003 easy fund raising environment will close. Trading in anything other than a bull market is just not that easy, and many mistook leverage or a bull market for brains. Markets move from phases where almost anybody can make...
  2. M

    Death Of Capitalism

    Banks never do anything to help people, they only do things to help themselves. Foreclosure will lead to banks carrying property on their books in a rapidly declining market, even if the people foreclosed on don't trash the place someone will come in and strip or vandalise the empty houses...
  3. M

    Monoline update: hedge funds the only people who know what they’re doing

    I suspect that a lot of hedge funds have been lying for so long that there is not enough cash to back up the stated fund value and thus cover fund withdrawals i.e it is a fractional reserve ponzi scheme whereby any withdrawals are paid from a smaller than declared asset pool or new investors. I...
  4. M

    Hate to be the grim reaper but are looking at a possible depression

    Your average Frenchman has a higher quality of life than your average stressed out American. He is not worried that he will be identified as Low quartile and managed out if he goes home before 7pm. Your average Brit is not plagued by nightmares about medical care costs. Many in Europe resent...
  5. M

    Is a Bloomberg worth it?

    It does a lot of things and does everything OK. What you are also paying for is a cartel pricing structure, server and leased line redundancy and a help desk that has a good attitude rather than an attitude problem. Business model is totally different from retail vendors e.g a few stable high...
  6. M

    Asian Timezone -- Another Tradable?

    http://www.tfex.co.th/en/member/list.html
  7. M

    Dozens of U.S. banks will fail by 2010

    They probably already have failed in terms of real market valuations but we have level 3 assets and transfers to level 3, transfers from available for sale to hold to maturity, a delay of FASB 157 that would bring SIV's onto the balance sheet and Fed cutting rates 2.25% revalues bond holdings...
  8. M

    Who's afraid of the big, bad bear?

    Jeremy Grantham, "one of the grandest of thinkers and most eloquent of oracles," tells Barron's that today's bear market is like none we've seen -- the difference being unprecedented financial globalization and a first-ever global bubble in virtually all asset prices. Grantham scoffs at the idea...
  9. M

    Who's afraid of the big, bad bear?

    Seems to me that recession is priced into property financials and consumer cyclical stuff such as retailers or Harley Davidson but not into the broader market which continued to go up as the homebuilders etc fell. I don't believe that the homebuilders are going to make a meaningful non short...
  10. M

    Asian Timezone -- Another Tradable?

    Best for what? Depends what you want/want to do. SGXNK is probably the best compromise between all.
  11. M

    Asian Timezone -- Another Tradable?

    SPI Has some quite distinct times for moves/reversals. Too many exchange outings. In scalping timeframe beware of people taking advantage of its thinness - or recognise the game and go with it - but tricky. SGXNK Can be very inactive/non volatile at times, but a really nice contract when...
  12. M

    Asian Timezone -- Another Tradable?

    You could consider the Thai Futures Exchange - got up to a few thousand contracts a day now.
  13. M

    U.S. in RECESSION ---READ

    When it is impossible to deny that there is a recession without being comletely non credible the focus will switch to whether it will be a "U" or a "V" shaped recovery. It will never be called a recession, but a "mild slow down of growth" or a "below trend period" etc etc
  14. M

    Hate to be the grim reaper but are looking at a possible depression

    Nobody in China is a believer in 'decoupling', or domestic demand being stimulateable to the point orf replacing lost exports.
  15. M

    3rd World America: By UofM Economist Carmen Reinhart & Harvard Economist Ken Rogoff

    Goebbels (Kudlow) will publicly humiliate it and Paulson will get on the 'phone to the authors.
  16. M

    Hate to be the grim reaper but are looking at a possible depression

    ............and only trade exchange traded not OTC counterparty contracts. With weekly trading we will have plenty of time on our hands to dig out those old copies of Guns & Ammo from the seventies.
  17. M

    Hate to be the grim reaper but are looking at a possible depression

    The whole of America is hoping the same but unfortunately the only strategic response of the new CEO class to their own strategic blunders is cutting jobs (or cutting washroom soap but keeping the corporate jets). They have no other strategy. So far MER and C are the only places where a...
  18. M

    Video Splitter - Multiple Monitors

    There are some external boxes which you put a quad video card inside which connects the notebook via PCI slot. As you nted, not cheap, around $1000 excluding video card.
  19. M

    Video Splitter - Multiple Monitors

    Appian cards failed at post with P4 motherboards. Workaround is have a mono card set to load first in BIOS and then have the Appian card load second. Drivers for Appian, not for first card.
  20. M

    Video Splitter - Multiple Monitors

    same image on all monitors
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