Friday, October 24, 2008

Fat Tails


The concept that stock moves beyond their normal price distribution is an especially important thing to grasp during a highly volatile period such as this. To put it another way, stocks can rise & fall farther than most investors think. Stephen Vita over At Alchemy of Trading posts this bell curve. His is a subscription only website and it is excellent. You can get to his portal here: http://stephenvita.typepad.com/