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"

Wednesday, March 11, 2009

Alphatrends

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Why this probably won't happen. I took this. Let us look at the bar for tomorrow It's a THOUSAND POINT DROP.. Ok, maybe an 800pt drop. HOLY TERROR BATMAN. Let me say that that requires a Doubling of the VIX tomorrow. From 40-80. which would be an unprecedented move. since the vix in the crash went up 20%.

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