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

Discussion in 'Wall St. News' started by stock777, Oct 13, 2008.

  1. 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.
     
    #21     Oct 14, 2008

  2. http://www.shorpy.com/can-you-hear-the-bitter-cry-of-children
     
    #22     Oct 14, 2008


  3. 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
     
    #23     Oct 14, 2008
  4. #24     Oct 14, 2008
  5. 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.
     
    #25     Oct 14, 2008
  6. 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
     
    #26     Oct 14, 2008
  7. Cutten

    Cutten

    Just another fade indicator.
     
    #27     Oct 14, 2008
  8. Cutten

    Cutten

    S&P puts, Yen, cash.

    Stop making excuses for shite trading.
     
    #28     Oct 14, 2008
  9. Yea, you and I can hide there because were not managing zillions.
     
    #29     Oct 14, 2008
  10. 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.
     
    #30     Oct 14, 2008