|
PureBytes Links
Trading Reference Links
|
Message-ID: <345A85DA.60A7AF09@xxxxxxxxxxxx>
Date: Fri, 31 Oct 1997 20:28:58 -0500
From: richard tobiassen <rtobiass@xxxxxxxxxxxx>
Reply-To: rtobiass@xxxxxxxxxxxx
X-Mailer: Mozilla 4.03 [en] (Win95; I)
MIME-Version: 1.0
To: Visavis@xxxxxxx
CC: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: GEN: Soros
References: <3.0.3.32.19971101074243.0096d210@xxxxxxxxxxxx>
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
i assume the style of trading used by soros and neiderhoffer lead to big
losses and big gains...and being this was the single biggest point drop in
history(not the biggest percentage), i don't think it's fair/appropiate to
judge careers by one incident.
i am pretty sure a lot of brokerage houses would be happy to hire either
of the above two and many more like them who lost on monday.and there would
still be a lot of people investing in their funds if the funds still existed.
i assume there will be new funds run the same way.....by the same people.
and how much money do you think would have been made by those 'LOOSERS' IF THE
MARKET turned......a lot!!!!!!......i guess they will keep their big houses
and probably make the money back for their investors.
good trading
rich t
Visavis wrote:
> http://www.cnnfn.com/markets/wires/9710/30/soros_wg/ reported that the
> Soros firm lost $2B attributed to this Black Monday. Stanley Drukenmiller
> is the lead trader who handles all trade day to day transaction.
>
> Just can't believe it that many large CTA like Vic Neiderhoffer and many
> upreported one were hurt by this markets volatility.
>
> Are they what we call the "Smart Money"?
>
> :__________________________________:
>
> Warm Regards!
>
> Visavis
> Visavis@xxxxxxx
>
> :__________________________________:
|