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Thursday, October 16, 2008

Up and down 

By TigerHawk at 10/16/2008 12:30:00 PM


I don't think the stock market is volatile enough. I mean, as of 12:30, the DJIA has only traveled (in both directions) like a thousand points today. C'mon guys, price discovery does not have to be so orderly!



[Hotlinked, so this graph will look really different on any day other than today.]


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3 Comments:

By Anonymous Anonymous, at Thu Oct 16, 01:07:00 PM:

Volatility is your friend, but judgment and timing are everything.  

By Blogger Stephen, at Thu Oct 16, 01:48:00 PM:

If you want more stability, I recommend liquidating your investment portfolio, going to Vegas, and spreading ("diversifying") it across all the bets on the craps table. Not only will your returns be less volatile, but you can get free beer.  

By Blogger GreenmanTim, at Thu Oct 16, 03:43:00 PM:

Note the predictable 2 p.m. uptick after the hardcore financiers get back from their martinis and pull the trigger on the rest of the day.  

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