Sonic: You didn't respond to Bob's post at all. What you did write was another of your long winded posts detailing your impressive resume. Obviously Bob is clueless as he didn't do "stat-arb". We are very impressed that you made money from LTCM. Congrats.

BrainT -

Bob wrote " .. funny money derivatives take the whole market down ..." and " ... Michael Milken's derivatives ..."
and ".. now's the third time." as well as alluding to LTCM.

I addressed Milkin, LTCM, and the current mess. So, I did respond to Bob's post, just not every aspect of it. You are wrong, but I'm sure this isn't the first time.

Regarding my "resume", the references to LTCM and stat-arb were intended to communicate to the reader that I have first-hand experience with both subjects -- experience not likely possessed by others who post at and/or read the TOD.

So, what's your problem BrianT? My posts are infrequent and typically short. My post above is somewhat long, but not even the longest in this thread. Do you respond the same when others (like Bob or Robert R. or WT) mention, say, their oil related credentials? Or, when Don S., an econ guy, puts up a long post about economics?

From your posts in this thread you appear to be nothing more than yet another uninformed, conspiracy theory nut.

Sonic: Two points- 1. I consider myself to be a relatively well informed conspiracy nut 2. when responding to my posts you can use my handle-BrianT-no need to label me as the Brain (I don't call you the Silver Spoon baby.)

BrianT, as I said, I'm not particularly educated in financial markets, but that doesn't make me clueless, you arrogant pissant. I'm pretty observant, and expert in a number of areas of which you know nothing. But, more than that, I know my limitations and am willing to freely admit when I'm wrong.

If I were "clueless" I'd just take the Joe Sixpack attitude of dumping my savings in a mutual fund and allowing people to manage my money and charge me exhorbitant commissions, or even not having savings and relying on social security.

But true cluelessness is going around insulting people that you've never met, and assuming that because you have a specialists vocabulary in a particular area, that you are somehow superior to them.
Bob Ebersole

Bob: Relax-the comment was meant as sarcasm. I was insulting Sonic man, not yourself. I have no idea what you mean by a "specialists vocabulary".