RANsquawk European Morning Briefing - Stocks, Bonds, FX 12/05/10

Comments

[anynonmous]

Ritholtz self proclaimed "Wall Streeter" shares his and his company's job description, here is an excerpt:

My partner Kevin Lane does the bottoms up work: He is a technician by training, a quant by preference. He gets extremely granular when it comes to looking at Trend, Breadth, Momentum, Liquidity and Sentiment. I don’t often say this lest it swell his (already enormous) head, but Kevin is one of the best pure stock pickers I have ever met on Wall Street.

...We use our own home grown quantitative tools as the first step in  stock selection. We don’t use a black box, but we deploy as much technology as we reasonably can to help the process. An overlay of our own decision making comes on top of that. The combination of top down/bottoms up approach is what led us to the conclusion (on Wednesday, May 5th, 2010, at 6:39 am) that the Market had changed tone.

http://www.ritholtz.com/blog/2010/05/what-i-do-for-a-living/

[pookie]

your sound is very poor here ... sounds like your too close to the mike....