Let me just say "I don't Know, And I can Prove it!"
But let me say "You don't know!, and if you think you know, I bet you are just playing the trend." That kind of thinking had you buying in October 2007. it will also have you Selling constantly into the Bottom, Wherever that is.
But I notice how Every Lemming in the market wants to argue Fundamentals....
Like is the Mantra "Fundamentals look the Best on The top, and the worst on the Bottom..."
This is what the little squirrel that lives in my head is going off about. I'm curious if you could create a quant model and use the Vix as a Reference for how many Standard Deviations you have the Potential to go out to in your Models.....
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, April 13, 2009
Fundimentals
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