Aug 25, 2016

You Can't Always Get What You Want

Stones - You Can't Always Get What You Want cover art

From the original by The Rolling Stones (YouTube)

I saw her dismay all the big pensions
A book of Keynes' in her hand
I knew we wouldn’t need VIX protection
At her feet were Bill and Stan

You can't always get what you want …

I went out three standard deviations
Still, my stop gets its share of abuse
They’re singin’:  “We’d better bump our duration
If we don’t, we’re gonna miss a 50-point move”

Chair sez:  “You can’t always get what you want…
But if your SPY just climbs, well you might find
You get what you need …”

. . .

“Whipsaw just betrays their misconception!”
Said in the grasp of a pleading man
He has packets of VIX charts since inception
Well she could yell, but her throat’s in his hands

He said:  “You can’t ALWAYS get what you want …”