Search results

I think I figured it out. Volatilty is expressed as 1 standard deviation from the mean. Mean monthly return of 2% with a 4% volatility means that 68% of all observations will be between -2% and +6% on a monthly basis. 95% of all observations will be between -6% and +10% on a monthly basis...

Stupid newbie question. X% volatility of annual returns, monthly returns or daily returns, what does that mean in plain English? Example, we make project 2% monthly returns with 5% volatility? We expect 15% annualized with 4% volatility. Can someone translate into plain english. I understand...

You mean Renaissance Medallion Fund, not Meridian Fund.

Well, in the case of Skalpz, he's got it all. He's a gentleman, a scholar and a rich SOB to boot. I'm just hoping by saying nice things about him, he'll throw me a bone every now and then. Any job openings?

Do my eyes deceive me? Is this a cruel trick? Did I see Skaplz come back and grace us with his presence? I'll have to search to read his every valued word!!!

I can tell you that Skalpz is 100% for real. It was a rare opportunity to have him here amongst us mere mortals. The amount of money he could earn in The Forex on a daily basis was just astounding. He must be hanging out with some of his rich friends and have totally forgotten about us peons. If...

Still short. I don't like to brag. :)

I am bearish. With that said, and at the time of the call, the S&P was only 1.5% away from the 1300 mark. The mathematical volatility of the S&P would indicate that there is a very high probability of seeing 1300 during the month of Feb. I've seen you make some very nice calls, however, math...

Couldn't have done a better job. Markets will suffer without him at the helm. This is a major event for world markets yet to be felt.

What has your research told you?

By the way, I understand what you mean about vicious pullbacks in the midst of raging bull markets. The reason for that is as you pointed out, a unhealthy number of speculative longs in the market getting washed out. However, this was a vicious pullback in a rather lackluster market without...

I can't recall the S&P down more than 23 points in one day in October. But again, i'm not perfect, maybe it happened. But it hasn't happened often in the last 4 years. Again, it's a nuance. It's not just the size of the move. It's the speed, breadth, volume, number of orders, feel, etc. It's the...

'This (The Nikkei) has nothing to do with our markets. In fact, if anything it's bearish if people are moving their money into the Asian equity markets and out of ours. The money has to come from somewhere right?

I don't think that you are referring to me as the one posting 'sky is falling' posts. If you look at my posting history, I've never made any postings predicting the sky to be falling or anything remotely resembling that. Also, I started this thread to point out what I perceived as 'unusual'...

LOL, ok tough guy. You'd be shocked that's all i have to say. Yea, I'll admit, big move in Nikkei. S&P futures up 3+??? Think about it.

Well, I guess that's what makes a market. However, I will say that you are way off on your read of me. I control a 9-figure account (without including the decimal places) and in fact, I've been trading since the late 80's. I hope you're a better trader than you are reader of people :). By the...

Well, I'm glad you are having a good time, I am too :). Try not to necessarily throw out the baby with the bathwater. I know it is easy to get cynical, however, we may miss a few diamonds in the rough if we are overly so. You might be surprised at who's on the other end of the screen. I too have...

By the way, I would say that my intuition with the original post was 100% accurate. The S&P only fell 23 points a day later.

Are you making fun of me Maverick?