Student Traders

From nakedcapitalism:
The New York Times, writing from the industry town, tells us “Wall Street’s Pay Is Expected to Plummet,” tries to make the case that the calls for scalps deeper pay cuts are overdone:
The first clues are emerging that Wall Street pay will plummet this year — but perhaps not enough to satisfy the financial [...]

Yet again from Yves at Naked Capitalism:
The oil bulls will take offense at Hussman’s contention that high oil prices will break, and probably break pretty seriously. Note we think high oil prices would be desirable if phased in over several years via a carbon tax to discourage use, but as everyone know from direct experience, [...]

From Bill over at the Vix and More blog:
One of the better indicators over the past 7 ½ months has been the VIX:VXV ratio, which, as the chart below shows, has been quite accurate in calling tops and bottoms in the market following the VXV launch back in November 2007 and I whose application I [...]