I strongly suspect Surfy didn't come up with the 7777 figure on his own. I believe his oft-mentioned "we" are his hedgie masters. So this probably means VN or whoever took a (another!) goodly beatdown today.
7777..........why not 7777.65? Or 7776.95? Oops. Please tell me MS, did you really think that the Dow would trade down to 7777 and reverse? Marketbarfer is a fool. Tell us Dave Mediocreboy, why should we pay any attention to whatsoever?
Dow won't see 0000 ever again. Or 1111. Or 2222. Or 3333. There you go! 4 Predictions that will stand the test of time. Here's a 5th: Dow won't see -0234.5436 within 34 hours from the next full moon 40 miles at 11:07:12 degrees Southwest of Tahiti. If you don't beleive me, just as MS
No worries. There's hope yet. Obviously, trading and markets aren't Surfboyz bag. But there hasta be something he can do. He could...well maybe not. Hey how about...nah. Okay. I give. What can he do? Or for that matter, formerly employed "quants"???
These dudes talk about 6 sigma events do not know what they are talking about at all. Their Ph.D, etc. titles should be stripped simply for even speaking out with such stupidity, clearly showing that they failed the most basic understanding of their so called "expertise". Or, a scarier thought, that they intentionally doing what they do to cheat their investors.