Flash-Crash, Mini-Correction... Repeat?
Posted on November 07, 2012 at 12:38 PM EST
MINYANVILLE ORIGINAL I don't have a fear of flying; I have a fear of crashing. -- Billy Bob Thornton Following Obama's win markets tumbled and pundit after pundit has been arguing that the stock reaction is proof positive that equities don't like the results of the presidential election. None of this addresses the message of price in the lead up to the elections. As followers of my writings know I have been negative on risk assets since the end of September as market internals deteriorated. My firm's ATAC (accelerated time and capital) models used for managing our mutual ...