
by Larry Levin
I found a great video on YouTube: an economic rap (literally). It's a little pre-FOMC levity from me to you.
Watch the whole thing and try to pick up all the jargon. The rappers are using the actual theories of both the simpleminded Keynes and the brilliant F.A. Hayek. Keynes's attempt to cure his hangover with more booze (more CREDIT/SPENDING) is the perfect analogy that I often make to government's profligate spending.
http://www.youtube.com/watch?v=d0nERTFo-Sk
Previous Day's Trading Room Results:
Trade Date: 1/26/10
E-Mini S&P Trades*
(before fees and commissions):
1) VA buy @ 9:12am at 1093.00 = +2.25 (1 lot)
2) FT buy @ 9:59am at 1091.75 = +2.25 (1 lot)
3) Algorithm positions (8)
4) "Reading the Tape" positions (4) ...combined Secret's, Algo, & "Reading the Tape" total...+8.25
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