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, November 26, 2009

down 24

well, futures are down 24 on the spx fair value is less that 2, if not .5.


that is effectively limit down.

I also want to point out down 24 on something we knew Wed.

1 comment:

Tony said...

Is this the Dubai thing?

Weird because we did know this Wed and when T.Lo linked to it, it seemed significant... but the market didn't budge.

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