Oh wait, that, uh, actually happened...
Cheers to UBS for winning the Wall Street version of "The Biggest Loser". Congratulations on this momentous achievement! Vikram is jealous.
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Flockers... They decided to punish me on April Fools Day...
I bet there is a prop desk saying... Lets Squash the Stupid Equity Guy @ open... see if he will cover...
They don't realize... I have a secret...
I deleveraged a while a go... I can take this stupid market action... I had moved 50% of the portfolio to unleveraged currency's a few months ago. This is why we keep gears unused... So we have them when we need them.
I do want to comment that huge write downs causing animal spirits to roam silly @ the big board is getting old. How massive bad news is a buy is beyond me. However, considering how calm they smoothed the end of the Q, today is not all that shocking...
Annoying as hell... Yes... Shocking... No
~Stupid Equity Guy
Who's proverbial shorts are on fire...
Posted by: Stupid Equity Guy | April 01, 2008 at 09:56 AM