Pick your poison - how will the markets trade Monday?
- Thread starter blackchip
- Start date
IT'S TOOOOOOOO CRAZY!!!!!!!
I can't think this whole weekend and have never been so excited for a Monday in awhile.
I can't think this whole weekend and have never been so excited for a Monday in awhile.
Amen to that!
Black Monday? I think so . . .
Who knows? Imo, those kind of predictions are nothing but Wags and Swags at best.
On the other hand: I would expect the statistical market volatility to calm down before IV does. I'd also expect the residual IV to bleed off slowly once SV calms. I might look for opportunity if/when that occurs. Just a thot. Otherwise, I'll probably stay out.
A pilot/trader said something a while back that has stuck with me... he said, "It's better to be on the ground wishing you were in the air, than to be in the air wishing you were on the ground."
Just a thot.
Peace and gtty,
Lar
On the other hand: I would expect the statistical market volatility to calm down before IV does. I'd also expect the residual IV to bleed off slowly once SV calms. I might look for opportunity if/when that occurs. Just a thot. Otherwise, I'll probably stay out.
A pilot/trader said something a while back that has stuck with me... he said, "It's better to be on the ground wishing you were in the air, than to be in the air wishing you were on the ground."
Just a thot.
Peace and gtty,
Lar
YMU07.CBT Mini Dow Jones Indus.-$5 Sep 07 12,284.00 Down 1000.00 (7.85%)
How cool would that be to see?
Get right back to where we started the year.
How cool would that be to see?
Get right back to where we started the year.
