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Re: LTCM - The spread trade that blew up!



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How can anyone manage that much money and not know the basics of money
management and risk control.  The position went against them and they froze
like a deer in the headlights.  Sorry they got bailed out.  That kind of
stupidity should pay the price.  Will they wake up and work on their exits now
or will they blame others for their losses and do the same thing over again..

Chuck
 http://traderclub.com/