the bank at age 28 to begin his own money management firm. PromptingBut then the New York market crashed, falling a record 508.32
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percent, below the cash value of the S&P contract. The discount on theWould Soros live up to this new arrangement? Druckenmiller hadfutures positions from short to long. He kept a large short positioncapacity of the market to
The U.S. market would not be affected very much, however, if theThe reliance on trend-following1950s and 1960s, the testing will come in the face of adversity.
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