Nothing is happening. The market - if one can use that word anymore for the playground of hedge funds and computers - continues to take wild swings on no notice or news. The SEC has let the Street destroy itself and drive away in the common man investor. Why bother to look for reason when quant computer funds drive the wild swings ? Humans aren't in charge anymore. The giant hedge funds battle each other to grab some food (aka fees); human beings enter at their own risk of a stomping by the elephants.
Languages
After a month off to build a good starting base in ancient Greek, I've returned to my original sexalingual studies of French, German, Spanish (a bit), Italian, Polish and Latin. Ancient Greek continues, of course. This summer I intend to review thoroughly the original six and make sure I've learned all the vocabulary and inflection endings to date. That will create a good base for the next foray to seek a higher level of all.
Word of the Day
"Anent" - preposition [$10] archaic or Scottish or North American
Anent means concerning.
Sentence: Anent market reforms, let's just put all stocks on the New York Stock Exchange under the old rules. The great benefit of that is all order flow goes through the same exposure AND the regulators just have to watch one person for each stock - its specialist. Simple, easy reform. Do it.
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4 comments:
spx 1086 are you buying puts today sir.
nope, no puts. I did my sales for Krypto yesterday.
Only a perma bear would buy puts so fast.
nutten wrong with that stroke...touchem all Bunky...LOL
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