Friday, May 7, 2010

Dow down 1 0 0 0 points (but recovered) VOL up 58%

DJIA
We are in unprecedented times where surprise should be the last element in your emotional and mental frame work. Dow was down 1000 points at one point and time. This can be justified by saying a human error or a system glitch or blamed on automated systems, etc. but this just shows how vulnerable we are.
Even If it is a system / human error or even if trades are canceled at such extreme prices or if it is a actual fall as there were no buyers left the pulse was set racing at pressure even doctors cannot measure!!!
Volatility index up by 58%

Point: BE PREPARED FOR UNEXPECTED AS WE HAVE BEEN SAYING SINCE LAST WEEK AND THIS IS HOW BADLY COMPLACENCY IS PUNISHED. These are not times to relax but to be prepared !!!

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