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Re:Boom in Dodgy Wall Street Deals Points to Market Trouble ... by maxxxxx on Thursday May 16, 2019 @12:29PM (#19930424)
I tried to play this game before 2000 and it's amazing how often market can have an even steeper upturn before it finally crashes.
Re:Boom in Dodgy Wall Street Deals Points to Market Trouble ... by pmart123 on Thursday May 16, 2019 @01:24PM (#19930929)
Susquehanna made a killing during the dotcom crash by selling near-dated options and buying longer-dated options. Essentially, the majority of the market was pricing the dotcom crash to be very similar to the 1987 crash. Instead, it was closer to a slow bleed.
Re:Boom in Dodgy Wall Street Deals Points to Market Trouble ... by TheOtherHobbes on Thursday May 16, 2019 @04:12PM (#19932645)
The flip side of "The markets can stay irrational..." is "Someone will probably get lucky anyway. But just because they did, doesn't mean you can learn anything useful from them."
Re:Boom in Dodgy Wall Street Deals Points to Market Trouble ... by dralley on Thursday May 16, 2019 @02:21PM (#19931446)
"The market can stay irrational longer than you can remain solvent"