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Non-Tech : Penny for your thoughts,...

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From: Fiscally Conservative	10/8/2007 9:06:09 AM
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"My friend believes we're getting closer and closer to a moment when quants no longer rule daily trading, as their universe is losing participants that underperform. The ones that remain are desperate, trying feverishly to chase what's working. He contends that the higher the market goes and the faster it rallies, the more certain and ugly the collapse will be." articles.moneycentral.msn.com "He went so far as to suggest that when this unwinds, some big Wall Street firm will essentially go out of business and that the building it occupies will be, in his choice word, depopulated. When I responded by saying, wow, you're more bearish than I am, he replied: No, it's not about being bearish. It's just a fact."

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