some of the Market Wizards are taking hits.

[Frozen444]

Great! Maybe he'd like to refund my $100k that he pissed away.

 

[metooxx]

For some reason I do not think that is going to happen, but I will pass the message along for you.

 

[Frozen444]

Thanx!

Here's another message you can pass on:

Vic Niederhoffer is a friend of mine, and he wasn't very pleased with how Dennis's boys are hypocritically slamming him lately.

http://turtletrader.com/niederhoffer1.html

They have the nerve to rag on Vic for blowing out ONCE?!
Dennis wishes he just blew out once.

 

[metooxx]

Yes, he does have a tendency to do that.

Where are you from?

 

[Frozen444]

Just down the road from yourself.

I work at Schonfeld in Chicago (Right next to the Merc.)

 

[metooxx]

Is Schonfeld in the same building as Terra Nova?

 

[Frozen444]

I don't think we are- We're in the AT&T building (Wells/Monroe.)

 

[metooxx]

I am a suburban boy, I just know how to drive there. TNI is in the building directly south of the CME, as in across the street.

 

[metooxx]

Was that guy I was arguing with about Schonfeld typical of their traders; i.e. averaging less than $50K over three years?

 

[Frozen444]

Since last year, that's actually better than average.

Our methods have been rendered obsolete, and the lack of mutual fund buying & 'dumb money' has made the market far less predictable over the past year & a half.

If I'm not mistaken, last year equity mutual fund inflows were ONE TENTH of what they were in 2000. this makes the intraday & overnight patterns far less predictable. Lean times.