Alan Abelson, from Victor Niederhoffer

2020-01-09 · Ralph Vince, Victor Niederhoffer
Original source

Alan Abelson's favorite adage was "the market hates uncertainty like nature the vacuum". Nothing could be more wrong and the current situation is a good example with the market succumbing 50 points to uncertainty and then bouncing back. Other useful idiots and friends of the Bad One are highlighted on my Twitter @VicNiederhoffer.

Ralph Vince writes:

Agreed.

"The market is constantly seeking that point of equilibrium which induces the greatest uncertainty."

And that, at any given moment, is the greatest indicator I know of, along with drift.

Comments

Jay Pasch on January 9, 2020 2:38 pm

Find us a better ballad:

https://www.youtube.com/watch?v=uQ4ddAgykfk

Jeff Watson on January 11, 2020 10:01 pm

Jay, You want a better ballad, I’ll give you a better ballad. Hahahah!!!https://www.youtube.com/watch?v=CD8EtvWW8nw