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General => The Cantina => Topic started by: Aske on December 03, 2008, 09:07:21 AM



Title: [Econ D+G] "uncertainty" or "day profiting by manipulating the paniced public "
Post by: Aske on December 03, 2008, 09:07:21 AM
http://bloomberg.com/apps/news?pid=20601087&sid=aDSqsaCQoagE&refer=home

Quote
The 30-company Dow average has swung by an average of 517 points between intraday highs and lows over the last two months, and the 20-day average exceeded a record 600 points in October.


At an average index value of let's say... 8500 (  ;) )   that's about 6% a day if you can time it right. 


Title: Re: [Econ D+G] "uncertainty" or "day profiting by manipulating the paniced public "
Post by: Spartan on December 03, 2008, 11:00:27 AM
Hell, most days it moves that much in the last half hour.


Title: Re: [Econ D+G] "uncertainty" or "day profiting by manipulating the paniced public "
Post by: Aske on December 03, 2008, 04:08:27 PM
http://yglesias.thinkprogress.org/archives/2008/12/motion_sickness.php