It may have peaked, but I wouldn't count on a quick reversion to the mean, the vix has a tendency to jump around for a little while after a shock....
Ughhh, you mean the news about State Street today wasn't a sub-prime story? Don't forgot that many hedge funds have their redemption window open...
I wouldn't mind another negative -1% to -2% tomorrow. Let the blood flow!!! :D -Neo
So Billy has been dipping his toes in the sub-prime mortgage pool?:D -Neo
I don't know if I should laugh uncontrollably or roll up into a fetal position and tremble under my desk... -Neo
My mistake the last time we had a move like that was in August 1987... -Neo
Better source: http://www.fdic.gov/bank/historical/s&l/ -Neo
So far it makes sense, many are worried that they may have sub-prime exposure. It looks like the market isn't reacting much, last time we had a...
Money Market funds are moving everything to a safe haven... -Neo
When you say "Everyone", to whom are you refering? Is it scalpers, position traders, or investors? It makes a whole lot of difference on which...
Reasoning like yours is why the uptick rule was instated way back when. There is nothing unpatriotic about betting against peoples' stupidity. If...
I think you are a little late. Many of these funds have already sold their most liquid positions and hedged the rest. The thing to do was watch...
I thought Goldman's decision was temporary and only for a select few investors. They are trying to give confidence to the market and save their...
If the current market is any revelation then its pretty bad, FI traders are saying that the liquidity is worse then 1998. -Neo
Perhaps it's a fools rally? I'm not a forecaster, but I expect the Fed to leave interest rates alone and then the trend to continue downward,...
Are you referring to the USO ETF listed on the AMEX? Thanks, Neo
Looks like today was a dead cat bounce. I wonder how this will freak out traders for tomorrows session, especially those who went long today......
Looking forward to read your journal. Do you take any particular interest in corn? -Neo
3 ways: 1. You know someone who is already a trader and they get you in. 2. You went to a top school, did an internship and got hired right...
Base salary around 200k, bonuses about 2-3 times that... it varies a lot and depends if you are doing proprietary trading or sales, and of course...
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