Here it is a great 40 min broadcast, where Barry Ritholtz discusses investors’ psychology during tops and bottoms and the current state of the housing market.
During bear markets, prices drop lightning fast because bids disappear. When major buyers decide to show up, sellers become more cautious and start to withdraw. Bottom is formed.
On the top, there are no sellers and prices go crazy.
@agwarner I am exactly refering to earnings' reactions this season. In general Realized vol < IV. It has to be for the options mkt to exist 16 hours ago
currently the options market is underestimating volatility: the realized vol has been much higher than IV for many names $call $put 17 hours ago
had problems with my internet connection all morning. did I miss something? 17 hours ago
@ToddSullivan if they r not right, their forecasts will be long forgotten by the time.Media tends to show only those who were right recently 1 day ago
Barry Ritholtz on Tops, Bottoms and Housing
Here it is a great 40 min broadcast, where Barry Ritholtz discusses investors’ psychology during tops and bottoms and the current state of the housing market.
During bear markets, prices drop lightning fast because bids disappear. When major buyers decide to show up, sellers become more cautious and start to withdraw. Bottom is formed.
On the top, there are no sellers and prices go crazy.