Deep inside the murky bowels of the NYSE lurks a terrible monster bred for boundless greed and the accumulation of ill gotten gains. Due to its immense size and an over bloated ego it is suffering of an insatiable appetite that can only be satisfied by devouring the souls of hapless retail traders.

It is called the Fractal Monster – and when it threatens to strike you better get out of its way… [amprotect=nonmember] Charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you [...]

I don’t have terribly much to say tonight as this tape is bouncing around like a Mexican Jumping Beans and needs to finally pick a direction. Seems each day we gap down and then reverse at least some of the lost territory by the end of the day. Of course this type of monkey business can only go on so long.

I have been talking about the VIX a lot lately and there’s a reason to my insanity. One – we the pattern itself has been interesting in that we keep gyrating higher and then suddenly ‘reset’ to the downside. Clearly there’s a buyer at 22 and seller at 18 (relative to equities of course) – and at some point a winner will [...]

Alright – let’s rub our few remaining brain cells together for some basic math. Zeno’s motion paradoxes all have to do with dividing time into ever smaller slices. We can realize such a sequence of ever-smaller time intervals by watching a bouncing ball:

The figure above represents a ball dropped from an initial height h0 . When it bounces it loses energy, so that the next bounce height, h1 , is smaller. The model used here is that the fraction of energy lost on each bounce is a constant, independent of energy.

In the figure, the ball is given a small horizontal velocity to the right, so that it bounces further to the right each time. The [...]

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