Kudos to MMs
- Thread starter nitro
- Start date
I can't help it. Whenever I see some obscure acronyms, such as FWIW and FV, I leap into some kind of higher perception state, which makes me want to figure out what FWIW and FV are, thus recursively submerging me ever deeper into the depths of the call stack.
I didn't say the entire thread is worthless, just your model predictions are. I come here to mostly read about the virtues of selfishness and your speeches against those virtues. Your interpretation of Ayn Rand's objectivism amuses me a great deal.
Markets coerce, consciously or unconsciously. Would not be surprised to see one more shakeout of weak longs before going higher, probably much higher as measured by FV.
The other possibility is sideways, mostly trendless action, but that can only be sustained for so long. Considerably lower doesn't seem likely short to intermediate term. If we eliminate two or even one of the three directions, there is always a reasonable options position that is odds on to be profitable.
The other possibility is sideways, mostly trendless action, but that can only be sustained for so long. Considerably lower doesn't seem likely short to intermediate term. If we eliminate two or even one of the three directions, there is always a reasonable options position that is odds on to be profitable.