News for hackers. Stuff that matters.

A comment on Boom in Dodgy Wall Street Deals Points to Market Trouble Ahead. Parent comment

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.
[ Parent | on HN ]
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."
[ Parent | on HN ]