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MicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8 2038
We skipped the light fandango, Turned cartwheels 'cross the floor, I was feeling kinda seasick, But the crowd called out for more… A Whiter Shade of Pale - Procol Harum
The Legend
My research is based on the theory that price movement is best explained by finite states instead of continuous time. Finite state theory as applied to equity markets is not well known or understood, probably because the concept is original. This series of articles offers objective proof that finite states are indeed important and it behooves an investor to pay attention to them.