Steve Cohen went to cash last week (at the bottom)

Quote from JamesVU2000:

Im not saying hes superman, but hes the closest thing too it and he readily admits that his trading style no longer exists

Good point!

A buddy of mine that used to be the #2 equity derivatives trader at Deutsche Bank ( 10 years ago ) who made $45 million for the desk taking the other side of Victor Niederhoffer's blow-out in S&P put options during the Asian currency crisis in '98 once told me that Cohen was the greatest TRADER that he has ever seen.
 
Quote from flytiger:



Go to Shorpeys.com, and look at some of the pictures. If you've got kids, it will wake you up. The earliest Three Stooges shorts all were filmed in the Great Depression. That's why they show the Stooges as bums. Marx Bros same. Always bumming a meal

People went hungry. And just for rampant greed, we almost went hungry again. The prosecutions wlll be w/o mercy. Like I said. I'm big on revenge.


http://www.shorpy.com/can-you-hear-the-bitter-cry-of-children
 
Quote from Syprik:

s
Simmon's Renaissance is heavy in cash at the moment, and they are arguably the best technicians on the block for decades.



I'll bet Rentechs original core fund is having block buster returns.

We'll probably never know since the core fund is only him and his employees
 
Quote from arealpissedgoy:

I'll bet Rentechs original core fund is having block buster returns.

We'll probably never know since the core fund is only him and his employees

There's an article you can find by googling, that I'm too lazy to do again, that said it was up over 45% this year and that it's thriving the in volatility.
 
I dont know. this was a crash. In previous months there were always sectors to hide. you couldnt hide anywhere last week.

Also the inability to short must have hurt
 
Quote from JamesVU2000:

I dont know. this was a crash. In previous months there were always sectors to hide. you couldnt hide anywhere last week.

Also the inability to short must have hurt

S&P puts, Yen, cash.

Stop making excuses for shite trading.
 
I just checked out Cramers rant tonight.

Shit, me and flytiger have been telling you asswipes for months that that was what was going on.

I don't know who I despise more, the short selling traitors or you idiots that refused to believe.

As bad as Cramer is, he knows the game. He played the game.
 
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