“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Scared Smart Money?
From The Evil Speculator - The Credit Suisse Fear Barometer (CSFB) is a measure of "smart money" investor sentiment over the next three months, derived from the pricing of S&P 500 options. At extremes, it can forecast significant market declines.