"Is it just aphasia?" your parents must have asked themselves when they couldn't understand you, Joe Silent.
As for Maria, she was referring to granularity. She's up on these things. In actual fact, she said the market was down frictionally.
So the formula you're looking for is:
µk = fk/FN
I'm not sure what Maria's coefficient of friction is, so I don't know whether errors or gaffes would stick to her, even in the unlikely event that she made errors. Assume that her coefficient of friction is the same as that of Teflon on Teflon. The table below gives Maria's coefficient of friction:
Coefficient of Friction
Steel on Steel 0.74, 0.57
Wood on Wood 0.25-0.5, 0.2
Glass on Glass 0.94, 0.4
Teflon on Teflon 0.04, 0.04
The first column of numbers gives the static coefficient of friction; the second gives the dynamic coefficient.
These numbers can also be applied to the market, which seems to lack granularity today. I would hazard a guess that the market's coefficient of friction is about .01. But one analyst, interviewed by Maria a few minutes ago, had this to say: "The market is just in a mood." (Honestly, he said that. CNBC gets more and more hilarious.)
So if the market has moods, it must have glandularity, not granularity.
I'll post CF's (coefficients of friction) from now on, instead of CI's.
Oh, heck, here are the CI's:
ST Naz CI: 56.917 69.905
MT Naz CI: 56.917 69.905
LT Naz CI: 86.359 90.471
ST S&P CI: 50.386 71.184
MT S&P CI: 47.631 70.838
LT S&P CI: 76.069 87.173 |
