Quote from Mike805:
Its funny how I point out some discrepancies in your knowledge base and you get offended. Its okay to get upset, however, it might be helpful for you to let go of your ego. One day when someone tells you that you need to work a little harder, you'll thank them, it will help your bottom line.
For anyone that wants to get a general sense of market/vola principles, this is a good starting place:
"Asset Price Dynamics, Volatility and Prediciton" by Taylor. The "Prediction" in the title means nothing more than forecasting.
Mike
