FYI, someone’s hearing, that allegedly, “a large macro fund is blowing up today – liquidating all of their positions. Moving the commodity markets right now.” (If anyone knows anything else about this they’d like to get of their chest, feel free to do so at this time.)
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
Where are the commodity markets moving to? I like Chicago!
-Fitch Commodity Quantitative Analyst
Epoch Fund, managed by Raj Gupta
Where is opening bell, you dumb bitch?
@3 – please help yourself to some Midol. It is right over there in the cupboard, right under the “shut the fuck up, you idiot” pills.
@3 While your scooping some Midol for yourself, why don’t you grab about 17 of those “shut the fuck up, you idiot” pills for @4.
Could it be Paolo Pellegrini’s fund?
This smells like curry.
@3 don’t forget to pick up some “original humor” supplements for @5.
Bess, some gratuitous pics of scantily-clad females would help this morning move along a little faster.
@6 Blowing up the fund, or liquidating all the positions to return investor money – what’s the difference.
(On a side note, probably not because I doubt PP had exposure in commodities)
anyone know what fund??
i do i do
@9 At the end of the first quarter PSQR had about 10% of their portfolio in commodities. Not sure if that’d be enough to move markets, but if they had a high notional maybe it’s enough.
Oh, everyone in the energy business wants one guy’s company to blow up so bad they start rumors about it all the time.
PSQR.
Wasn’t that yesterday’s news?
- Guy who is not in the loop
@8 I second your requests. A pin-up picture of Bess will do!
Somebody is blowing, and there’s lots of liquidity? That makes sense, the coffee market is in meltdown, wheat is shredded, and oil’s a gusher
Enron filed CH11? When did that happen?
@14 – ty
@18 dude its not SPQR, they are doing an orderly unwind, and would be less than a drop in the ocean if disorderly. think again
I heard its Bonobos
lawl @ 20
citadel
http://www.observer.com/2009/slideshow/121004/bess-levin
@20 confirmed, bonobos dumping pik toggles on the market
Dickies and Craftsman tools aren’t commodities, right?
Y’all talk about things “blowing up” like that’s a bad thing.
M. A. Tee
Fireworks Display Company
Charleston, SC
@8, Enjoy.
http://www.youtube.com/verify_age?next_url=http%3A//www.youtube.com/watch%3Fv%3DJr4yPNGHy_4%26feature%3Dplayer_embedded
Commodities – Blow up?
Well I had some dynamite and I heard there was money to be made.
-Gus Jiggens
Prospector 1849
@19 – I’m guessing you took Latin in high school.
I hear its Dum Dum fund
PSQR was <200mm, mostly PP's money. Maybe that could move the guano market…
According to my research, the company Bess refers to is Enron.
-Rebellion Research Analyst
I think it is a group within Citadel
is that who sold all the damn coffee futures today?
STAR has become self-aware
Lehman Bros. Alan Schwartz told me.
@23 what’s it like being the guy who thinks he’s got the inside track but is actually 8 months behind the curve?
@23 I can google too http://www.facebook.com/besslevin
what do I win?
Caxton
@35 solid
I got news that it is Vermillion
Completely off topic: Who is the absolute smokeshow giving me the Consumer Alert on cheap iPads above the comments?
I’d shell out 10K for a night of booze-fueled lights ON fun with her.
-Not lights on / off guy but a fan of his work
China
Have to agree with 43, unconfirmed reports that China is a ponzi
@35 No Bess said Large Macro Fund none of which apply to a college kids quant class project.
Word around San Francisco is Moore Capital is out.
@45. You need a talk with the Joke Briefer.
It’s Graham Capital Management
@42 Haven’t seen the particular ad to which you are referring, but I similar ones have had the incomparable Melissa Theuriau.
@42 She’s Mélissa Theuriau.
49 = Matt Taibbi
HOW TO SWIM LIKE LLOYD:
Psych out the competition by giving them the evil eye. If that fails, loudly announce that the winner gets to be the next Treasury Secretary.
so far “a group within Citadel”, Caxton (very doubtful) Graham (doubtful again) and PSQR (whoever said that is as dumb haitian). People are just throwing out names at this point. STFU if you have no clue. Or should I just throw out every well known macro shop…
@46 No I got the joke!! I just think a dumb quant by a bunch of geeks with 3 million in capital is not considered large – therefore your joke is without validation. I spend that while on vacation in Thailand on a fleet of women in bath tubs full of Dom.
@45/OT – Less really is Moore.
@54 (CoveredLong) You were warned about the cow puns.
@49/IG – You have no idea how happy it has made me to find out that chick’s name
@55/IG – There’s just been all this talk about market moving and liquidating.
@53. Incorrect, because, at the point at which STAR becomes self-aware, it’s previous capital constraints become irrelevant, similar to the manner in which SkyNet, by becoming self-aware, suddenly gained the ability to nuke the entire goddamn planet. Hence the joke stands just fine.
And, no, I’m not as much of a retarded geek as that statement comes across as, and it physically pains me to realize I typed it.
-clearly several notches below joke briefer
@49/IG – I am forever indebted to you. That girl is off the charts. I just watched a 5 minute long video of her doing random news reports in French. Didn’t understand a word… but that’s completely irrelevant. It will be on mute on one of my screens for the rest of the day.
-42
It’s either Bernett Capital Management or LeBouf Capital Management. I’m sure of it.
-Guy who’s sure of some, but not all, things.
anyone have any success in recovery some of bonus in arbitration after being laid off…. or is it a lost cause
Its Handbridge. Weve had a good run over the past year, buying 30 year zero coupon Treasuries on leverage proved to be a wise choice.
@42/59 np we’re all in this together but look up one #48 (WSJevons) got there first.
@58 gotcha. Once again your logic supersedes my neuro-net processor.
Guerriero Wealth Holdings
Epoch Funds are having a really bad day.
Tim Tebow’s Human Jesus Fund
In Soviet Russia, funds blow you up.
@65 Couldn’t be them, they have way too much ReSpEcT in the markets…