Via Suneet :)

Link : Short Sellers Get Squashed Shorting, the basic stuff that one takes for granted in various models , when banned , make the models useless. Shorting which is underlying assumption of BlackScholes, Several math models, Long-Short Stat arb strategies !! has been banned on 799 US- Stocks. This is the time to throw all the models aside and trend follow!!

In a sour mood!! “Education is the path from cocky ignorance to miserable uncertainty”

Link : http://www.thebigview.com/pastlife/index.html :) Apparently, this is how my past life was : I don’t know how you feel about it, but you were male in your last earthly incarnation.You were born somewhere in the territory of modern North Japan around the year 1025. Your profession was that of a monk (nun), bee-keeper or lone gunman. Your brief psychological profile in your past life: Such people are always involved with all new.

Lehman is to be liquidated, Bank of Am is rumoured to buy Merill, ING is being lent funds by Russia…All these big developments over a weekend. How is the market going to react tomorrow ? Will it be a black monday ? God knows!!!