Interesting Chart and comparisons here. Not sure if it is really applicable to the current situation, but interesting reading nonetheless. The timings are intriguing.
To: Crimson Elephant
Yes, snotty 27 year olds driving Masaratis.
To: Crimson Elephant
For a few weeks now I've been saying that we're probably going to lose 30% to 50% of all the hedge funds in the world and the majority of Freepers said "good riddance'.
Well this is what happens when you redeem 30% to 50% of all the hedge funds in the world. And it isn't over. There is a great deal of capital coming out of the capital markets. What's going to be left when it's over will be unrecognizable to many. And as much as the equity market seems to be upset, righht now the fixed income market is substantially worse.
23 posted on
10/10/2008 3:50:47 AM PDT by
tcostell
(MOLON LABE - http://freenj.blogspot.com - RadioFree NJ)
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