And I will take that contract .... to go long. I expect this bounce to go a little bit higher (5-20 pts) before more selling comes in.
http://www.youtube.com/watch?v=btPJPFnesV4 Eye of the Tiger Risin' up, back on the street Did my time, took my chances Went the distance now I'm back on my feet Just a man and his will to survive So many times it happens too fast You trade your passion for glory Don't lose your grip on the dreams of the past You must fight just to keep them alive It's the eye of the tiger, it's the thrill of the fight Risin' up to the challenge of our rival And the last known survivor stalks his prey in the night And he's watchin' us all with the eye of the tiger Face to face, out in the heat Hangin' tough, stayin' hungry They stack the odds, still we take to the street For the kill with the skill to survive It's the eye of the tiger, it's the thrill of the fight Risin' up to the challenge of our rival And the last known survivor stalks his prey in the night And he's watchin' us all with the eye of the tiger Risin' up, straight to the top Had the guts, got the glory Went the distance now I'm not gonna stop Just a man and his will to survive It's the eye of the tiger, it's the thrill of the fight Risin' up to the challenge of our rival And the last known survivor stalks his prey in the night And he's watchin' us all with the eye of the tiger The eye of the tiger The eye of the tiger The eye of the tiger The eye of the tiger
Generate 500 random charts . Calculate the random 500 Index the same way the SP500 Index is calculated. I bet it would take a heck of a lot of these iterations to get trends similar to the sp500 over any multi year window. On a smaller scale generate 50 or so random charts and "index" them and compare to recent price pattern of REITS, home construction, Utilities, Emerging market. There is a high + correlation among same industry components and the sector and higher than random + or - correlation to the sp500. I assume random charts would be closer to zero correlation on average. Finally, i wonder how many iterations it would take to get a set of 500 random charts that revert toward a 20 period average from a 2 sigma move as well as the sp500 components do. I dont see markets as random but i have not tested any of the above statements. They may be irrational beliefs or fallacy. Any thoughts on this.