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Which Will It Be?


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Program Robots playing DodgeBall.

 

Breaking each others' kneecaps with these violent moves.

 

Dow now has a beta coefficient higher than anything that trades on the CBOE.

 

What a joke....

MARK Dow now has a beta coefficient higher than anything that trades on the CBOE?

 

LAYMENS TERMS PLEASE

Translation: more volatility on the Dow than on your average option.

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knew I should have covered this morning

But look what's happening to the VIX on this . . . um . . . rally.

mak'n me smile. Burn that fear off boys!

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Monday and Tuesday I had to be away from the screen and was only able to check in by phone a few times during the day. In retrospect, I wish I had something to pull me away from the UTTER FREAKING TORTURE of watching the intraday insanity of this market play itself out day by day. Alas and alack, here I sit, buffetted about on the dips and pops, meltdowns and stick saves, wishing and hoping this POS would do what I want it to do for crying out loud already g*ddammit! I need to cultivate some stomach for playing it like Oyster; at least then I'd have something to do! Meanwhile, I'm BTW short, eyeing Doc's cmaps and SG's wave counts and marvelling at Joe Sixpack's incomprehensible failure to crapitulate. Ugh.

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knew I should have covered this morning

But look what's happening to the VIX on this . . . um . . . rally.

mak'n me smile. Burn that fear off boys!

"Let me assert my firm belief . . that the only thing we have to fear is . . . . fear itself."

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The public will never capitulate. But keep in mind, it only takes that one guy at the margin to pull his bid. Bear markets do not go down on increased selling pressure. They go down on lack of demand. 99% of the public will hold all the way down.

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