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Old 30-06-2008, 12:39 PM   #100 (permalink)
Ea of Dune
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Join Date: Sep 2007
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Default Banking

Baron> I think you are mising the point. Whilst undoubtably people inside trade (hence the extra information you spoke of) this does not take away the fact that those with a trend based system can play the market and win more then those who base their information on "tips" and the business news etc.
Nobody can predict where the market will go at the end of the day, will oil prices rise forever or will they eventually dip? Who knows we have no way of seeing the future.

I disagree with you on the green square analogy. There is no "bank" in this instance. Even those who play at the game of insider trading for example are still placing their money on the red and black.

A lot of the investment firms like Dunn Management and Turtle Traders make huge sums of money when things like Enron go tits up and Bearings bank, because they go short on the stocks, they follow the downward trend.

Yes there are certainly those who play the game and have a way of manipulating parts of the market, but you are probably better looking towards the big banks rather then Hedge Fund Managers.

As for the dot.com bubble. I have some charts here somewhere which show a number of Trend Funds making huge sums when the market burst, they discuss and explain how and why they where able to make a fortune off it.

Ea of dune
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