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I think if you take a look at their overall trading record you will be surprised
at the profit and loss statements from their trading department. It is the
mergers and acquisitions that make them the money along with their banking and
IPO operations.
Norman Winski wrote:
> ----- Original Message -----
> From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, May 23, 2001 7:15 PM
> Subject: Re: [RT] DA moon and Delta
>
> > > It is funny that those who espouse a totally scientific approach fail to
> > > realize that almost every time the theorist enters the market he usually
> > > goes broke.
> >
> > Yeah, right. I hear Goldman and Solly and all the big houses are firing
> > their quants, scrapping their Crays, and hiring astrologers and that
> > tarot lady from late-night TV to read the tea leaves for them. :-)
> >
> > --
> > Dennis,
>
> You may be closer to the truth than you will ever know.
>
> Cheers,
>
> Norman
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
>
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