Sounds like another mini Madoff.

The fact is that there will always be unexpected developments in the markets when these statistical arbitrage strategies are blown out of the water. Automated strategies are almost always losers in the long run.

lol. I guess she shouldn't try her hand at trading.

I'm in the same boat. But what you're proposing, we'll never get. So why not settle for at least something that's somewhat right? Carney is at least saying he will raise rates sooner than other major economies.

I work in the industry and have met plenty of GS employees. Most are very smart and hard working. So, you're arguing for low rates for ever? When the low rates are creating a bubble in house prices and enabling the government to borrow cheap money? ...

If I had the money to spare, I would invest with Tudor. He knows what he's doing.

For all those who hate GS, you can go pound sand. There's absolutely nothing wrong with being the best of the best. And that is exactly what GS is. Sure, a lot of GS folks end up in powerful govt jobs but GS does recruit the best of the best. You ...

Thanks for such accurate insights, ANZ. I'll be sure to bet against them.

Ah man. I should have loaded up on the shorts.

Any trader can go from being the best, to being the absolute worst. When you're trading other people's money, don't lie. It's as simple as that. If you lose money, tell them! Otherwise, you'll go to prison. Losing money in trading is not illegal. ...

Haha, I'm just glad that you're absolutely powerless. We don't need nuts like you in power.

Thanks for the documentary. I'll be sure to watch it. What this degenerate did was essentially steal from others. I'm sure the Feds are just waiting to find evidence to lock this crook away for a long time. And what did he do with the money? Bought ...

Steven Cohen's ex-wife accused him of insider trading back in the 1980s. He was probably doing this all along. And, everyone thought he was a great trader.

I'm tempted to convert my base currency to AUD. But, I might wait a bit longer to do that.

not necessarily. The markets lag fundamentals quite often. Technicals do work but only in the short-term, IMO. If you really want to make money, you have to predict what's going to happen next. That's not something you find with technical analysis. ...

Yeah, use technical analysis to make such long-term predictions. I'm short myself and would love for the Euro to drop but this is just crazy. Scares me a bit when banks are saying this will drop. You're usually better off taking the other side of ...

Euro is a bit high but no reason to think it can't go higher.

No expectations of a gap either way, from me. Even if it gaps, it will probably fill the gap. Why? Because they've been saying this for quite some time now. The market has already discounted this kind of talk. Just watch what it does...

Watch out UJ shorts!

What else is new? Same old rhetoric.