Another Blog, Meanwhile Index
You know everybody was happy when the index was sitting at 100. That’s exactly where it started, and then yes we all got a little loopy when it was sitting way above 100 for so long. And everyone was feeling so bad when it dropped below 100 that I thought traders were going to call the whole thing off without losing anything. But no, they had to carry on and now they dropped ten points in the one day. It could be worse, it could be down twelve or even thirteen points but still. Oh, this is just reporting for the alternate index, but you know this whole plan to separate the main and the alternate indices isn’t doing anything for anybody, right?