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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (47540)	1/21/2006 9:49:19 AM
From: shades	Respond to of 306849

On Minyanville, they guessed near the open that the Dow would end up down 200 points or more so I took that opportunity to short the DIA at the open for a daytrade. The high school dropout Phil grande predicted the same thing and he also shorted the diamonds and I get him for free over the net or the radio. hehe As the markets become more and more efficient with the once magic world of advanced finance and investing coming to the masses - the potential for massive gains is arbitraged away eh? I just looked at the minyan site - Succo - minyanville.com It is highly improbable to me that the Fed genuinely believes that there is "excess savings" in the world, ... We both come out the same, vehemently against their hubris however it is founded. Debasing currency has a cumulative effect: adding debt and adding over-capacity, which is the problem they are trying to correct. It is like giving cocaine to a cocaine addict to make him feel better. minyanville.com Something to watch is the net interest component of the trade deficit. When the U.S. begins paying out interest on our debt significantly over and above the interest we receive from foreign investment, Asian central banks may begin to believe that financing consumption in the U.S. is no longer in their best interest as the cumulative debt begins to work against the effect. This so far has not occurred only because foreigners earn only a paltry sum in interest on the vast debt they own, while the U.S. enjoys high capital returns (risky) in investments in foreign markets. This difference will slowly grow as debt accumulates or quickly expands if our foreign investments begin to actually lose money, such as the Japanese market going down. It is very evident that it is all tied together in one vicious cycle where risk is very high. minyanville.com He worked at Morgan Stanley from 1984 to 1992 where he was influential in the growth and expansion of the institutional equity derivatives market. As a principal and head of index and structured product trading, he helped develop dispersion methodology in trading and managing derivative risks, which greatly increased the liquidity and consequently the application of derivative products in asset-liability management. In 1992 he became Managing Director in charge of global equity derivative trading at Paine Webber Inc. In 1996 he joined Lehman Brothers and ran derivative trading until 1998. He then joined Alpha Investments of New York heading risk management and as a director of the Investment Management Committee, managing internal and external capital investing in hedge funds. In 2001 he jointly founded Vicis Capital, a multi-strategy hedge fund where he manages overall risk and a portfolio concentrating in volatility extraction by opportunistically trading derivative instruments. Buffet says the derivatives are going to be our undoing - greenspan says there is not sufficient counter party risk with derivatives and the GSE's - this guy was one of the engineers of our derivative mess no? A sith lord. hehe Regardless - like the article I posted to Grace about our medical/university system - there are TONS of people putting out tons of information, so much of it overlaps or is shallow and working through the clutter is consuming more and more time - we need less quantity and more quality - is minyanville your only primary source for investment education and ideas KM? Dabum made 30% last year with relative easy KISS trading - what was the average at minyan?