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"

Tuesday, June 30, 2009

Mutual funds

My impression is that they come in on the 5 minute marks to buy or sell. maybe every 10 and 15 minute marks.

also.... there is something wierd about 15:35 I think some of them are done by then.

and nobody but traders buy the last 5 minutes of the hour

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