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good read on PDT trading funds meltdown
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Markwright
Posted 1/24/2010 21:30 (#1039608 - in reply to #1038318)
Subject: RE: good read on PDT trading funds meltdown


New Mexico
One thing about outfits when they lose 20 million an hour for a while, is that it really does not take long till they're back to a more Real World so to speak.

24/7 of the afore and even the slow ones are a touch smarter in week or so.

Heck just trade the outfit down the hall a 100 billion dollar dog for their 100 billion dollar cat and float the mess for another 5 years in the usa.
Plus there's the automatic supposed 100 billion dollar dog/cat yr derivative interest credit which can be split 2 ways also....all at the courtesy of Uncle if all else fails.


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