Well, Friday made it 4 out of 6 days with a 4% move in the S&P. Could you update your data set on how often that has happened? I bet it’s much less than 69 times.

Thanks,

Steve

Well, look on the bright side: at least for tomorrow we have the quadruple witching expiration in order to spice up this dull market, and maybe inject a little volatility LOL.

I mean, c’mon, who can get excited about mere 40 and 30 point swings, respectively, in fly-by-night outfits like State Street and Northern Trust? Borrrringgg. Nothing less than Morgan Stanleyesque, 100% off the bottom moves, are enough to capture one’s attention this week.

And if tomorrow doesn’t produce at least a 50 point S&P swing, then I think I’ll start trading something exciting next week, like Russian overnight swaptions. This equity stuff is sleep inducing…

Great post on the volatility in the market,

Steve