If you don't have these two on your screen, you should -- just for the entertainment value. NEW's down 8% and NFI's down 9% as of this posting. NEW led the NYSE percentage declines list yesterday, and it's trying for the same honor today. Who knows, by Monday's close, it may have captured the triple crown.
It's a race!
Started by
jawndissedi
, Feb 09 2007 12:46 PM
1 reply to this topic
#1
Posted 09 February 2007 - 12:46 PM
Da nile is more than a river in Egypt.
#2
Posted 09 February 2007 - 12:59 PM
If you don't have these two on your screen, you should -- just for the entertainment value. NEW's down 8% and NFI's down 9% as of this posting. NEW led the NYSE percentage declines list yesterday, and it's trying for the same honor today. Who knows, by Monday's close, it may have captured the triple crown.
Game up. Fun time is coming.
Read this article - you will like it. World will have fewer 'market-neutral' hedge funds
http://ftalphaville....-unwind-is-comi
Also this guy is pretty good, although not as good as Mish.
http://www.rgemonitor.com/blog/roubini
Regarding NFI and NEW, when you know that the final price is zero, it is always exciting to short at low prices, because your money doubles faster
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !