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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LTK007 who wrote (358355)2/20/2008 12:44:39 AM
From: Real Man  Read Replies (1) of 436258
 
Note:i learned 2years ago that the NSA has a SUPER COMPUTER
that is linked with Fed and with several big brokerages.
The complexity of the algorithms i can't even imagine.

So, Max, did you also learn who is buying the futures and
how? What is the purpose of this supercomputer? What is
the purpose of the Fed in all this? Are those Black-Scholes
type hedging/correlations/real time volatility smile
computations, and the Fed serves as infinite liquidity
provider and protector possible LTCM type meltdown?

Note: Black Scholes always makes tons of money, except in
rare crash type cases. Quants were always working on
creating the perfect hedge, volatility smile, real
time fast correlation/volatility calculations, etc.
Is the role of the Fed to eliminate the "tails" (also
known as market crashes)?
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