Insight and Insanity from Victor Niederhoffer

Victor Niederhoffer has blown to smithereens two hedge funds, so far, in his life. But he continues to watch the markets and, now, comments at his blog about them. At a new blog post today, Niederhoff may provide a clue as to the analytic state that one must possess to blow up hedge funds. You can read his post here.

It's a bit of keen observation, "I note that today's range in S&P of 11.2 was a 40 day low", with a heavy dose of madness, "Such a low range fits in with music theory that talks about how certain intervals such as the 3, 4, 5, 6, are particularly flowery, while others, especially the 2 and 7, are hollow and bitter. ...Around the third day, there seems to be some new music in each case."