first thing, is that the financials are quite beaten in anticipation of goldman etc...
It's interesting to see oil and gold moving in opposite directions.
still feels like the slope of hope.
oh and fair value for tomorrow is -50... how does the market move -60 and fv is -50
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
Monday, December 15, 2008
observations
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