Saturday, October 4, 2008

Weekend Linky DIinks

Short selling ban ends next week so start your engines.

AIG still partying. Thanks George.

O.J. is toast

Probably the next shoe, or one of them

Are mutual fund holders on suicide watch?

I still don't understand why hedge funds don't hedge? Like bunting in baseball it's become a lost art.

Missed by thiiiis much

Let the hearings begin from Paul Kedrosky

Now comes the hard part.

Nouriel Roubini still cheery (NOT) after all these years


Bubs said...

Thanks for the links

You really need to get rid of word verification, its a unnecessary pain.

upsidetrader said...

Hey, Upside,

I think greed and momentum eventually stopped them from hedging, especially in everything commodity-related. Then they were much too leveraged at the top to act rationally. And, now, puts are too expensive and they just can't believe that not only are their positions dropping, but credit is freezing, and so all their assumptions and valuations are at risk, too. And they never saw that coming... Also, some probably believe we're closer to the bottom than the top. Like you, I smell PANIC more every day.

People get bad habits and cancer worrying about this stuff.

Take care.

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.