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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: shades who wrote (67031)7/30/2006 10:36:14 AM
From: Moominoid  Read Replies (1) of 110194
 
This is an interesting discussion paper:

turtletrader.com

Good technical traders suck money away from less informed traders (including mutual fund managers who have to sell or buy to deal with cash flow in and out of their funds). They lose some to the more sophsticated traders at the big banks etc. doing all those strategies in the paper. They will win as long as they can suck more from the losers than they give to the winners above them in the foodchain.
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