SNSN schreef op 4 juni 2014 16:53:
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Yes, that's right - the only TA and FA together (i.e. dynamic TA) does make sense.... for both trading & investing.
As for the second part of your message, sorry, that’s absolutely wrong....
Huge number of technical people (also those who actually constructed those synthetic credit derivatives - CDS, CDO, MBS, etc. - based on pure & complex math) knew very well still in 2004-2006 that those “products” were real/clear “rubbish”..., and so far the crash was inevitable (given the scale of "rubbish distribution"). However, invest. bankers were trying to sell that rubbish (labeled as AAA, AA) as much as possible..... While “buyers” (mainly institutionals, pension funds) simply didn’t understand the math behind the “rubbish products” and simply didn’t listen technicians.... As for Paulson, most likely he knew that as well...., since actually participated in those constructions.