Kudos to MMs

I am not even convinced that the function is from the reals to the reals:

It might be a strange field, like it could be the complex numbers, or even the pAdic's, where the notion of "distance" and closeness gets weird.

Rene Thom's catastrophe theory tried to model this, but was not strong enough.

http://en.wikipedia.org/wiki/Catastrophe_theory

 

Expecting very little to do. [Calibrated] "FV" 1242.62. Not calibrated 1360.xx.

 

Calibrated "FV" ~1232. Uncalibrated FV ~1355.

According to CNBC, there are huge outflows from stock funds. I can't link to it, but will soon. The net result is that rallies are likely being batted down by such action.

 

"Stock Mutual Funds See Huge Outflow"

http://www.cnbc.com/id/44176766

 

===============
Nitro;
I used both side of my brain, & read/enjoyed that;
& WSJ ,[8/16/11] newspaper chart of ''high frequency traders cash in chart profit ...''

I dont do high frequency trading or typing ;
but got my ''turtle'' nickname as child.

Actually i like , [but dont do it myself] hi frequency trading;
more buyers & sellers push price-i hate sideways chop/slop

murray TT

 

Next stop liquidation station..... All aboard.......

 

Added L ES 1173. Will rotate it to a 55 delta call option sometime today.

 

Calibrated FV 1216.59. Not calibrated 1343.26.

 

Good luck Nitro. Be careful with the martingale.

 

Report to room 55 for the aforementioned whipping!