A lot of Companies' money are in it. A lot people's money in it. They will feel rich and willing to spend if the market is stable.
QCOM lost a lot money during 2009 down turn. They cut everything. Even asked people to share binders. Last year they made tons of money from investment, they are hiring again. But they are still use bad economy as execuse to lay off old and non-performing people
You know the final effort of FED is to buy all US stocks. They don't care about that for 10 years.
not4weak 发表于 2010-9-10 10:15
Some thoughts about Bond traders vs volatility traders from Mummy
And this bond spike up allergily caused genius trader Drunkenmiller 5% loss YTD and to announce his early retirement after 30 str ...
jhager913 发表于 2010-9-10 10:14
Some thoughts about Bond traders vs volatility traders from Mummy
And this bond spike up allergily caused genius trader Drunkenmiller 5% loss YTD and to announce his early retirement after 30 straight up years... So even you did all your DD and you may still lose ass if you don't watch who is your opponent. If you are facing a daunting opponent, make sure you only chase the falling water dog, instead of fighting a paper tiger.
Some thoughts about Bond traders vs volatility traders from Mummy
Usually bond traders are smart and they seldom make wrong bets.
However, this time, volatility traders were correct. They push the vix low even when market sold off in August. It is very strange and bond was soaring in August.
However, after a careful MHP check, you can see the bond traders are the fed QE2. They don't care and are willing to be screwed. In fact, it is their purpose to be screwed. If they are screwed, they will be happy, if they are not, they will panic.