ES Journal Archive (2006 - 2008)

[wave]

LOL. Take your financial radio, your financial newspapers, your analysts research, place them on a desk, slide the desk under a window, open the window, tilt the desk and start making money.

 

[Mins]

Quote from wave:

LOL. Take your financial radio, your financial newspapers, your analysts research, place them on a desk, slide the desk under a window, open the window, tilt the desk and start making money.

Are you saying global macro funds have no idea what they are doin

 

[mbusch]

L 1481.25
SS 1480.25 (1 point)
PT 1495.25 (14 points)

Small size. Countertrend move. Will move stop to breakeven soon as this one could easily go bad.

 

[Spectre2007]

failure at 96 spells testing of 60's. hedge fund senate hearings ongoing now.

 

[wave]

Quote from Mins:

Are you saying global macro funds have no idea what they are doin

Bear Stearns , UBS, etc. These are the supposed "experts". All failed hedge funds. Their traders make fortunes though.

 

[wave]

All you need are some great models and some monkeys.

 

[JimmyJam]

Quote from wave:

LOL. Take your financial radio, your financial newspapers, your analysts research, place them on a desk, slide the desk under a window, open the window, tilt the desk and start making money.

Yeah

JJ

 

[JimmyJam]

Quote from Mins:

Are you saying global macro funds have no idea what they are doin

It's a game of musical chairs and measuring your job security by your latest quarterly report.

Tough work if you can get it.

JJ

 

[wave]

The traders serve a purpose and the analysts serve their puropse. They both have different agendas.

 

[wave]

Let me tell you this, I've sat down and chatted with a PM managing $4 billion for one of the most respected HF. We were not talking macro, we were talking models.