ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Wednesday, October 08, 2008

 

the financial panic of 2008


excellent read from dr. steenbarger in some very trying times.

People don't recover from panic until they feel security; they don't recover from depression until they perceive hope. It will take more than a few government bailout announcements to instill renewed trust in markets and the financial system.


what people will need is time, and a lot of it as this paradigm ends and the precession of the simulacra resets.

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