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As the Fed announced a 0.75% drop in overnight interest rates and European markets rebounded from a deep 5% decline to a 1-3% gain, stock market gurus are forced to admit they have no idea what any of this information actually means to investors. "I pick stocks with a dart, and it's done me fine," Ben Bernake is quoted as saying. He then added, "I'm just following the playbook," patting a large, red book called Effing with Economies for Teh Lulz by A. Greenspan. (insidian)
Trader lets one in New York, markets collapse in Asia, chaos theorists smugly approve. (moosyfate)
Trader society is dominated by a rigid numerical hierarchy, so that when number 94 vents his frustration by telling number 580 to smell his own butt, 580 has no choice but to comply. (fivecolorblind)
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