Whatever is happening today, I doubt it is a sign of health.
Proud Member Of
Random Roger
© 2009 | Gadget Theme Blogger Template
Original WPtheme By Blogger Template | Converted By Gadget Lover
| Distributed by eFree Blogger Help
Original WPtheme By Blogger Template | Converted By Gadget Lover
| Distributed by eFree Blogger Help
8 comments:
I agree. Charge the EKG paddles again.
England just banned short selling........if it happens here I wonder if it will affect the ultrashort ETF's??
ALso , the VIX broke 40 , historically marking some kind of low (see 2002, 1998)
any thoughts if this even matters?
i would expect banning short selling to have an unintended consequence, unfortunately i am not smart enough to figure that out ahead of time.
VIX above 40 could certainly matter. Down whatever we are this week, I would expect a feel good bounce to come at some point soon. if people want to say VIX at 40 was the reason, cool, that may be right.
Roger, some months back I asked you to comment on whether the advancements in communications that we have today via business channels, bloggers, etc. would materially change how the citizenry would respond to financial news of the kind we are having now. (talking heads, gasbags, self appointed experts, hysterical non-experts etc ) I probably didn't pose this question in so many words but I know you got my drift. These avenues didn't exist in previous bear markets. You indicated you would think about it. Any comments at this time?
although far from scientific i think anecdotes from the post earlier today go toward answering your questions but not fully.
when the choose to, people not involved on a daily basis have an easier time looking at numbers and headlines but there does not seem to be a lot of understanding. that is not to be critical it is vrey complex.
not sure i can draw a great conclusion from that; evolution yes, clear answer not for me.
More PIs buying and selling like headless chickens = more liquidity?
Roger everyone has an opinion on Cramer - what's yours? (remember this is a family blog)
Cramer? I think the financial channels are too much like a poorly trained Shetland sheepdog chasing the sheep in random directions. Lots of hystical action, but nothing worthwhile accomplished. I don't watch the TV channels. It's been said that Warren Buffet doesn't even pay attention to the daily news. I would rather follow his approach (although I'm not as successful, LOL.)
Post a Comment