I like to see this.....
It's good to start seeing the market fight things out, instead of Violent 1K point moves. Almost makes you think some order is coming back to the market.....
I still look at the horror of the Thursday before the most recent low, and the Horror show of 10% random moves in every stock, at random. Looking at the market was like looking inside a bowel.
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
Wednesday, October 29, 2008
Struggling market
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