Title: Market At Risk Of "Staggering Unwind" As Hedge Funds Suffer Sudden, Historic Drawdown Source:
[None] URL Source:https://www.zerohedge.com/markets/m ... funds-suffer-historic-drawdown Published:Aug 2, 2023 Author:Tyler Durden Post Date:2023-08-02 20:10:43 by Horse Keywords:None Views:138 Comments:1
The market is "suggestive of capitulation or “throwing in the towel” and might be a sign that we’re closer to the end of the recent alpha drawdown / short squeeze than we were before"
we’re closer to the end of the recent alpha drawdown / short squeeze
I would get on the Chicago Outfit Facebook page since reading on there would help me remember growing up in Chicago. You must be a member of the group to post there and I am.
The way I got to be a member was by telling this story about an old guy I knew who was knocking over Speak Easys in Chicago during Prohibition.
Capone put the hit on them, so they took it on the lam to Boston. They got back about a month later and Capones boys grabbed them and brought them to Big Al.
He told me, "We were standing there with our hats in our hands, "We're sorry Mr. Capone. We won't ever do it again."
And Capone says to them, "Yeah? Well hit someone else's joints. Now get outta here."
I'd say they got off pretty lucky. A lot of those mugs got cement overshoes and were taken for a swim in the lake. But they were just kids too.
During WW II he was a cannoneer for Patton. He never missed a fire mission. He captured a German Major and the Company Commander took credit for it.
Je also told me he would walk into a French bar room with a pistol and say in French, "Line up!" and he would rob them all.
Then I knew a guy that travelled in Europe. He said France was the only place they tried to cheat him.
I wonder why? ;)
"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke