Trading Catechism

I have posted this before. I am convinced that bull markets respond to natural logarithms (although even in this case it is not clear that it is a complex logarithm), but bear markets to complex logarithms.

It is the reason why Fibonacci levels work so well, imo.

Riemann_surface_log_svg.png


https://en.wikipedia.org/wiki/Complex_logarithm
 
There is a tremendous opportunity to learn how professionals trade. Figure out how to trade the M&A of Walgreens and Rite Aid. You will need some sort of way to track the spread, and a way to decide how to enter and exit if you want to be more active until October.

Rite Aid

Rite Aid (NYSE:RAD) shareholders voted for the acquisition by Walgreens (NASDAQ:WBA). The $1.14 net arbitrage spread offers a 22% annual return if the deal closes by October.
 
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