Kudos to MMs
- Thread starter nitro
- Start date
As much as I think ZH misrepresents and often provides bogus analysis, they do link to some interesting research every once in a while.
These are a few pieces which reference some GS Research (ironically one came out just this morning on the subject). The article I was originally thinking of was older and had an actual excerpt from the GS materials, although I can't seem to find it right now.
Today's piece:
http://www.zerohedge.com/article/go...rillion-models-do-not-see-rate-hike-until-201
Older piece:
http://www.zerohedge.com/article/welcome-qe2-golidlocks-matrix
This flameout is going to go down as being larger than the great Chicago fire of October 1871. nitro has outdone himself and ruined his career in the process.
His answer? Put anyone that told him early on that the market was going to melt up on "ignore".
Well, nitro when you cover those "paper" trades north of 1250, let me know. I'll probably take a shot at getting short then.
Why would you say that? Nitro wasn't wrong at all... the market was!
So you need to put the blame where it belongs: If the market had only done what it was 'supposed to do', this trade would have made a ton of money.
"...In other news, the economy will not recover for the next five years, but under the Centrally Planned Feudal State of Bernanke, the economy is irrelevant. Incidentally, Zero Hedge now believes a $5 trillion QE3 program will be announced by July 2011, when gold is trading at $10,000, the entire Treasury curve is at zero, and stock prices are meaningless courtesy of a DXY sub 50, and every commodity opening limit up daily...."
LMAO
LMAO
