re: meltdown!! alpha And don't forget that they help the brokers to keep up the lease payments on their BMWs.
I have also dabbled in those most dangerous of instruments - warrants. I have always maintained that short term traders can make money - it's just that those that do are in the minority. It is a lot of work and a total blowout is always lurking around the corner.
Horses for courses.
meltdown!!, page-10
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