is that instead of a rally we will build a base... Maybe through options expiration
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Friday, October 3, 2008
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Overall it's been an orderly sell off in the last year or so (since sept 07 i think), maybe there won't be a panic after all, just slow bleeding.
Down Monday, then maybe they cut rates.
Each day is packed with at least 3 big moves. The markets will hit the bottom once all the traders are institutionalized from mental fatigue.
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