Steve Cohen article

Discussion in 'Wall St. News' started by ChkitOut, Mar 24, 2010.

  1. in case anybody was interested.

    Cohen’s natural ability as a tape reader has been a big part of his success, former employees say. In addition to trading his own stocks and overseeing 300 managers, analysts and traders globally, Cohen buys and sells “minis,” says one former employee.

    “Mini” is short for a security called the S&P 500 E-mini future, an electronically traded derivative that rises and falls with the Standard & Poor’s 500 Index and is sold in smaller units than other index futures.

    See, the mini's are not for suckers after all! :D :cool: :p
  2. Look at the picture on the computer screen in the Bloomberg article.

    You need the magazine version to see it.

    I'm Thirsty!
  3. I saw that. It looks like most are using the same technical indicator too.