Just a short quote from the Hedge Fund Monitor … published by Merill Lynch Large Specs still long the SPX, short the NDX Note: Commitment of Traders data reflects positions as of last’s Tues close Equities: Large specs continued to reduce their significant net long position in the S&P 500 futures last week. We assume [...]

Hedge Funds Down 2.69% In Nov., May Lose 60% Of Assets In ‘08 What we already know … but what still reads CRUEL … for the ones who did not “care” The Hennessee Hedge Fund Index fell a further 2.69% in November, leaving it down 18.44% year-to-date. Long/short equity hedge funds lost 3% on the [...]

The hedge fund industry is beaten down, locking in horror performances and running away from equities … so … What will happen now??? First some quotes out of a Bloomberg article … to get a feeling, how bad it is – Hedge-fund manager David Tepper entered the third quarter with $3.1 billion of U.S. stocks [...]

Markets … AFTER!!! a nice U.S. reversal … just fall out of bed … starting with Asia, now followed by Europe … around 10% down … was the rule of thumb … U.S. equity futures locked LIMIT DOWN on Globex … Reason is … how ridiculous it might sound … Mr. Roubini’s remarks yesterday on [...]

Market volatility is getting nastier by the day … if you trade them … nice or nasty P&L Swings guaranteed … Anyway … situation fundamentally unchanged … the financial system is fragile … BE AWARE! Today we reached … and so far HELD some KEY LEVELS in the markets … so BOUNCE ALERT!!! Dax held [...]

If you are Goldman Sachs … you just form a new one … you even set a new record for luring money into a newly set up fund … talk is … 10 bln $ will follow the sounds of the (sometimes finacial death bringing) flutes of Goldman Sachs … why that? A new example [...]