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I don't know about recent years but Solomon had great people in TA
years ago. They just don't make money for the firm or not so the top
dogs know about it. Easy place to cut costs.
Jimmy
Jimmy Snowden wrote:
> The big firms don't realy have a good place for TA. They will hire
> them but tend to let them leave or run them off.
Yes, know someone from the ING desk (also gone, only 1 guy left)
and they were welcome in the weekly meething, could say what
they want to, but nobody cared to listen....
> They like analysts
> because they can sell that trash to institutional clients and tout it
> to retail clients. The firms own trading arm doesn't always use their
> own in house TA people so where is the money in the TA group? Plus as
> we know too many think TA is hokus pokus.
Yes... but i would think that at a company like Salomon Smith Barney
they could atleast have proven themselfs to be worth more than the
fundamental guy's.
Apperantly they did not succeed at that..........
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