O. Young Kwon's  Instablog

O. Young Kwon
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O. Young Kwon, NYU Ph.D. in Economics had worked in securities industry for ten years as a Registered Investment Adviser. He taught Macroeconomics and Statistics. Prior to his academic career, he was an Economist/Bank Supervisor at the Bank of Korea (the Fed's counterpart). In 2009 he set up the... More
  • LON #1 (1/8/2011) An Exit Poll 0 comments
    Jan 8, 2011 1:12 PM
    I Invented The TANER System in 2009, to protect myself from future brutal market attacks, after raising a white flag to WS. It was 3/9/2009 when my portfolio had registered a 50%+ loss on the intraday basis since the financial turmoil. The 2009 track record of the System was, of course, very good. But it seems not to be relevant. The reason is that it does not cover the entire year. Also, the market was bouncing back vigorously from the unprecedented deep hole so that all long positions in the market were lifted. <<< My strategy in this particular juncture was to HUG all withered holdings tightly, to LEVERAGE with margin and 0% credit card loans, and to TRADE diligently, ...More following the selections of the System. It rewarded a rapid recoup within a relatively short period of time. Yes, always timing is crucial. >>> Therefore, this year's record will be presented in my articles (posted or forthcoming). It not only covers the entire year, but also the market had shown some major or minor ups and downs…

    Warning: If you continue, you may waste your invaluable time.

    ****** Please stop here. ****** If you still want, please SKIP the following TWELVE lines.

    <<< Twelve lines of my Bio here>>>
    <<< Are you here? What is your single sentence to describe me? Perhaps, you may say, "This guy must be a champion of a doll." If you say something else, your view goes to the negative box in my EXIT POLL. What are the current scores? The negative box has only one. The positive box? Let me take time, it looks like, see, you know trillion which you can find in the Fed and Uncle Sam's books. Oh, the box got 2,003,357,119 exactly. I'm not kidding. Thank you for your visiting. Bye. >>> (From my old Bio)

    NOTE: <<<...>>> is on the editing mode.

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