It took every last bit of my courage to jump out of a plane.
That was with a parachute and I only did so after suspending all of the logical and rational thoughts that I possessed.
Sometimes you do very uncharacteristic things when you want to impress someone for some other kind of excitement.
No other level of excitement could ever be high enough to get me to further suspend logic to engage in a free fall, though.
I don’t care how exhilarating it might be, staying alive seems more exhilarating to me.
Some free falls don’t require your consent, though and unless you’ve positioned yourself short in advance of the free fall, it’s definitely not an exhilarating process.
The past week was one in which oil wasn’t the prevailing theme even as it had its own large moves.
Instead, it was the free fall of retail, led by Macy’s (M) and Nordstrom (JWN), arguably among the best of the major national retailers, that characterized the stock market.
Of course, Macy’s and then Nordstrom took most every other retailer down with them and were able to drag along many others.
That kind of free fall, though, leaves open the question of exactly where the floor happens to be.
On a positive note, hitting the floor after a market free fall is probably a lot better than hitting the floor following a recreational free fall and you do get the chance to play the game a bit longer.