Neiderhoffer

[atticus]

Quote from nitro:

But what if that is what he sold his investors?

Did they really just write him a blank check and say do whatever you want? No business plan?

nitro

I doubt the possibility of going debit was in the powerpoint presentation. Is that really the issue? I doubt the first paragraph read, "how to go debit in two easy steps".

 

[marketsurfer]

Quote from atticus:

I doubt the possibility of going debit was in the powerpoint presentation. Is that really the issue? I doubt the first paragraph read, "how to go debit in two easy steps".

take a look at octane. think they don't do proper DD? there is more here than meets the eye, in my opinion.

surf

 

[LMeyers]

Quote from marketsurfer:

thanks, nitro.

.................. once again, i have no facts, ....................


surf

 

[marketsurfer]

furhermore, it seems to me, that given a little more time with these alleged positions, VN would have had another fantastic year to add to his impressive record.

there are many questions to ask, just scratching the surface.



surf ace

 

[atticus]

Quote from marketsurfer:

thanks, nitro.

vn has a team of very skilled traders/managers who work with him---i don't believe this was a risk management oversight--makes no sense. its my guess that the unexpected and unfair changes in margin, when the positions were open, caused the situation. in addition, there is some talk of a cabal on the exchange to give unfair marks. once again, i have no facts, these are just rumours floating about.
surf

Rumors you're attempting to pass as fact. The CME raises reqs with vol. VIX went from 10 to 37 in less than two months time. Only a complete amateur would expect haircuts to remain the same. NOBODY with any risk-control would allow their fund to implode on a doubling in exchange reqs.

Did the cabal force Vic to increase his risk in going long futures?

 

[spinoza]

Quote from marketsurfer:

furhermore, it seems to me, that given a little more time with these alleged positions, VN would have had another fantastic year to add to his impressive record.

there are many questions to ask, just scratching the surface.



surf ace

Why not just give ole Vic a call, and get the exclusive interview....

 

[marketsurfer]

Quote from atticus:

Rumors you're attempting to pass as fact. The CME raises reqs with vol. VIX went from 10 to 37 in less than two months time. Only a complete amateur would expect haircuts to remain the same. NOBODY with any risk-control would allow their fund to implode on a doubling in exchange reqs.

Did the cabal force Vic to increase his risk in going long futures?

is VN an amateur? are you saying his team is a lightweight?? are you sure that is what occured exactly??

is my saying these are rumours passing them off as facts??

surf

 

[atticus]

Quote from marketsurfer:

take a look at octane. think they don't do proper DD? there is more here than meets the eye, in my opinion.

surf

I have the info here. My brother was with Vic in 1997 and the current Octane funding, winning the Darwin Award. I have asked to get a copy of Vic's promo materials. From talking with my brother, the current Octane-led group were told adequate risk-controls were in place.

 

[atticus]

Quote from marketsurfer:

is VN an amateur? are you saying his team is a lightweight?? are you sure that is what occured exactly??

is my saying these are rumours passing them off as facts??

surf

I would consider anyone adding futures to a NUCLEAR option position a dilettante, yes. This broken-record cabal-bullshit is getting beyond tiresome. Swap haircuts went up 3-4x. Your argument simply isn't reasonable nor logical.

 

[marketsurfer]

Quote from atticus:

I would consider anyone adding futures to a NUCLEAR option position a dilettante, yes.

ok.

how do you know this is what occured? and if it did, the reasoning behind it??

have you considered that perhaps it was an FOF doing a redemption at the worst possible time that forced the situation?

once again, this is simply a hypothesis.

thanks,

surf