Gene Jaquet

Madoff's Madness

What a waste of time, this article. Maddof was a very rich and very prominent member of the Jewish community, who stole from other individuals who were very rich and very prominent members of the Jewish community. I am neither rich nor prominent nor Jewish, and this whole thing doesn't concern me in the least.

Annual VIX Cycle Remains Consistent in 2008

Just a thought : this chart matches, almost perfectly, the seasonal pattern in advertising spend (an area I know well). Could it match the seasonal patterns of other, unrelated, economic activities? If so, the conclusion could be that this analysis is redundant and of no predictive value.

Why You Need to Be Careful With Leveraged ETFs

Thank you for these observations. I don't know if this is coincidental, but the article was posted a day after SDS opened at $75.40 having closed the afternoon before at $87.44 (so down 13.8%) whereas the S&P 500 opened up only 1.9% higher. Is this an anomaly linked to triple-witching? Do you (or anyone else) have an explanation?