Thursday, August 2, 2007

Volatility = Decline!!!!


Quick note, as i chuckle day in and day out every time we go through a correction - at the mere mention of the word "VOLATILITY." Talking heads and beat writers drag this word out from under a rock and I hear it over and over and over again. Volatility is code word for decline! Why can't people understand there is such thing as upside volatility too? Ah ha, but "the establishment" doesn't want to tell it like it is, so they try to brainwash you into thinking LOSSES are just VOLATILITY! This is so much fun. The word comes up 23,600,00o times in a 0.05 second search on Google. Doesn't that picture of a roller coaster at Knott's Berry Farm look like a blast?

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