Kudos to MMs

I do believe that Catastrophe Theory will come back one day, but on a much more sophisticated level, when a consilience of Chaos Theory, and the types of understanding that is going on in Hodge Theory and Catastrophe Theory, merge:

http://www.ehow.com/about_5615239_catastrophe-stock-market-theory.html

http://www.imho.com/grae/chaos/chaos.html

http://www.ma.utexas.edu/users/dafr/HodgeConjecture/netscape_noframes.html

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

 

"Deficit 'supercommittee' struggles as clock ticks"

http://www.msnbc.msn.com/id/44836531#.TpIkE8lNHX4

 

Calibrated FV, 865.07. FV, 1084.37. Mid, 974.72.

Note the big jump in FV. None of this surprises me one bit.

 

Well, the bad news is the shorts are experiencing a birdseye view of religion level wedgie right now. The good news is $320 of edge tells me I should go out and spend the anticipated winnings today!!!

 

FV, 1091.83. (Calibrated and Mid about same.)

FV is ballistic. I will be selling into this soon, adding the mythical third unit.

 

You are telling me that the FAIR VALUE of the S&P 500 just INCREASED by 26% (roughly 2.5 TRILLION) in just 2 hours????? PLEASE. TELL ME IT AINT SO!!!

If FV goes ABOVE the market will that make you go long?

And what is this "mythical" thing again???? Are we paper trading when its losses and real trading when its gains?

 

1084 ->1092

 

I read it differently. He said Calibrated and Mid about the same. Same as FV... My thoughts came from him saying "went ballistic" All three the same level. nitro???

 

those are derived from FV. they can't realistically jump so much when FV goes +8

 

The whole mid-morning update was confusing/unnecessary. A 7 point move in FV (1084 to 1091) is ballistic?