Oct

5

T@leb, by Kim Zussman

October 5, 2011 |

T@leb: " We haven’t done anything constructive in three and a half years. " (Source: Bloomberg )

Especially advising everyone on the planet to short bonds a year and a half ago (plus or minus the square root of infinity)

Ken Drees comments:

Which reminds me is there a practice or routine that traders go through to look back on past sectors or trade ideas that stopped producing? So this short bonds was a bust but maybe now is the time? A case for me is the uranium stock group which was coasting along rather well but the sector got destroyed by the March Japan earthquake–now some six months later I see them still making 52 week lows as of yesterday. In the past I would get tired of waiting and the idea gets put into the cold case files dept –now I seem to check things more often–and that seems to be useful.


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