A Snapshot Of Ludicrous Volatility: Since May 1 The S&P Has Travelled 1234 Points Yet Is Unchanged For The YearSubmitted by Tyler Durden on 12/01/2011 – 20:47Bear Market European Central Bank Moving Averages Recession recovery Risk Management VolatilityTo suggest financial markets have been volatile as of late is simply a wild understatement. Although weve certainly seen this type of volatility in terms of percentage moves over short spaces of time in the past, we cant remember when weve last seen this degree of volatility within the context of whipsaw back and forth movement. Although it may sound hard to believe, if one looked only at closing S&P prices and added up the interim high to low and low to high movements of the SPX since literally May 1 of this year, the S&P has traveled 1,233.83 points!!!! More than the entire value of the SPX as of the close the day after Thanksgiving.
via ZeroHedge | On a long enough timeline the survival rate for everyone drops to zero.