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Re: Thailand floods

By: Cactus Flower in ALEA | Recommend this post (0)
Tue, 26 Jun 12 8:23 PM | 58 view(s)
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Msg. 08604 of 54959
(This msg. is a reply to 08603 by DigSpace)

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Hi dig,

it wasn't aimed at you one bit. apologies if it appeared that way.

i do take issue with the general notion that folks have a clue about how or why prices move. but then, i really don't believe in the efficiency of markets. for me, the underlying principle isn't reason. it's chaos in opposition to reason.

so my post was a restatement of my own position rather than a reflection upon yours.


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The above is a reply to the following message:
Re: Thailand floods
By: DigSpace
in ALEA
Tue, 26 Jun 12 8:18 PM
Msg. 08603 of 54959

I'll take the prediction or not as a well placed (but gentle) slap .. as certainly my 60s "predictions" were full of all sorts of escape clauses.

As I think many of us do, we try to parse Wave's areas of significant self-serving unaccountable ineptitude with whether the thingy might turn a buck.

Technically I am interested in tomorrow or more precisely, interested in where the SP sites when volume gets to 200-400k/day as that would describe what I perceive as retail market sentiment.

There were days were you feared 40s, days were some of us settled on 80s, and now are days where we see 60s.


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