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

"Sell down to your sleeping point"

Friday, January 2, 2009

One more Volitility

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...

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