Unbreaking Benjamin
Written by Daily Options Report - 11/17/09
Barry posted this compilation of great predictions from Big Ben back in 2005-2007. Subprime probs contained, housing bubble just a local issue, blah blah blah.
To me the issue is not he’s up there with rosy talk. Whether Ben believed it or not at the time, wtf is he supposed to say? No, it’s the “journalism” that lobs up the same softball questions and never challenges the answers, and then just always gives the impression these answers are pure gospel taken direct from Mt. Sinai. Sue Herrera at the 3 minute mark being the perfect example as she’s very assured by Ben’s soothing words on the subprime market in February 2007.
Tagged as: answers, compilation, time
Adam Warner is the author of Options Volatility Trading: Strategies for Profiting from Market Swings due for release in October 2009 from McGraw Hill. He co-wrote the options column on Street Insight from spring 2003 to spring 2005, and is currently Options Editor at Minyanville.com.
When not writing, Adam is a proprietary option trader with Addormar Co, Inc. He traded as a member of the American Stock Exchange from 1988-2001, and in several off-floor locations since then.
Adam Warner graduated Johns Hopkins University with a degree in Economics.
Options Volatility Trading: Strategies for Profiting from Market Swings
"Options Volatility Trading educates novice to intermediate investors on the nuances of the volatility index (VIX), the psychology behind it, and the best strategies to employ during dramatic market shifts. It provides a solid grounding in historical volatility patterns, distortions created by market noise, and how to use tools other than VIX."
