You know at this level 8000, these 50 pt moves are huge relatively speaking.
I'm wondering this morning.... Isn't a vix at 40 at the 8K level. Like an 80 at the 16K DOW.
or not.... I'm not sure about this.
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
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