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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (84935)1/12/2009 1:49:50 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Covered short at 872.00 and went long...<g>

GZ



To: Real Man who wrote (84935)1/12/2009 2:41:53 PM
From: $Mogul  Read Replies (3) | Respond to of 94695
 
Your Gold getting pounded even as mkt tanks.
Looks like you may need equities to rise.

kirklindstrom.blogspot.com



To: Real Man who wrote (84935)1/13/2009 11:03:46 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Let's hope not. We might run into a black hole in the universe also?



To: Real Man who wrote (84935)1/13/2009 11:51:47 PM
From: carranza2  Respond to of 94695
 
From Taleb's blog or why I really, really like this board:

fooledbyrandomness.com

101- Platonifying Disorder
Most of the finance imbeciles discussing the crisis (and claim to have "seen it coming" but somehow did not plan for it) are making claims on "how far it will go", often with precise numbers of what makes sense in asset values ("Dow at xxx, recession lasting 3 quarters..."). They want a crisis that came from the misunderstanding of disorder to partake of some order --some textbook.

The other problem I encounter is one of inconsistency across many people who sid "sort of" agreed with me in the past. You cannot possibly accept the Black Swan and accept the use of some of the common metrics --yet many people want to have a "balanced" view of the world and accept both not noticing the contradiction. They want to accept the role of extreme events, yet --fearing a loss of credibility -- not have extreme views.


Not here, dude.