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Non-Tech : Raptor's Den

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To: velociraptor_ who wrote (2674)8/13/2002 10:39:39 AM
From: LPS5   of 10157
 
[T]urns out he's never traded a bond or anything in the pits in his life.

He may never have traded a bond (an assertion I'd certainly doubt, as in past positions he certainly must have hedged with them), but the second part is patently false. Among other things, Santelli traded interest rate futures, currency options, and unspecified T-bill and gold derivatives: all of which are tied inextricably with both Treasury and corporate bonds.

And while I also strongly doubt that he "never traded anything in the pits," how would being an upstairs trader lessen the value or pertinence of his experience?

Just goes to show you what the real big money traders think of the comedy channel.

Oh yeah...talking to retail online traders at an investment conference. LOL.

LP.
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