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"

Thursday, August 6, 2009

18million

that last 30 min.... is that a function of the pre NFP close?


My sentiment read here is that Bears were so afraid to short into the NFP.....

It seemed like the Price/info risk was in my favor to do it.
but... we have been in a 100 pt range with a 25 Vix....

so... it's all risk....

Notice that the futures have been compleatly full of shit for the past 2 days...

Let us ad this thesis..... Those bears that were "Waiting for the NFP" will see the risk of the 'information' go away after the NFP is out.

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