Comment by Pete_Bertine on Intrade and the Dow Drop · 2008-10-02T20:50:50.000Z · LW · GW

Please take this discussion and these insights to and challenge some of the bogus reasoning that is passing for journalism there.

The claim made here demands intelligent dissection.

Email and tell them why a statement like this...

As you can see from the chart, “there’s big volatility in this market and big volatility never happens in the middle (of a cycle). By all accounts big volatility only comes at the top or the bottom,” Worth says. And this certainly isn't the top. nonsense. And that Worth should be challenged to provide a ton of references to back up his claim.