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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Pierre who wrote (3686)11/7/2001 12:30:55 PM
From: vampire  Respond to of 99280
 
"The market can stay irrational longer than you can remain solvent."

that's a great quote actually

that's exactly what happened to LT Capital Mgt - their computers had them trade based on inequities in the marketplace...however they didn't count on those inequities getting that much worse before getting better.



To: Pierre who wrote (3686)11/7/2001 1:19:31 PM
From: DlphcOracl  Read Replies (1) | Respond to of 99280
 
Pierre: The quote is originally from John Maynard Keynes.