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Name: NERDMANN
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Wednesday, March 17, 2010

The Boredom Before the Storm (Time to Buy Volatility)

What doe this mean? It means money managers are bored and complacent. They've been burned by betting on continued volatility of one kind or another, so they're pulling back and -- as they generally do -- extrapolating the recent past into the indefinite future.

This in turn means that all hell is about to break loose.

posted by NERDMANN @ 5:34 PM 

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