So the vix is back into the 30-40's... as much as that could call for "Complacency".. and that the Jan Vix is calling for a return of volatility...
What this does mean is that The market is going to stop turning on a dime...
Famous last words, but the last 2 turns in the market have taken 2-4 days to happen, instead of 2-4 hours.
So... Again when traders are trying to time the market to the minute... It should be much easier to trade...
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, January 2, 2009
One more Volitility
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