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"

Friday, November 20, 2009

Have to love CNBC

there was a chart of the SPX and the Dollar


they were all "there is an inverse relationship"

for those of us that actually have watched it, it's a loose relationship. It might even suggest that the only relationship is that global markets are moving from stocks into Dollars.. meaning Selling them.

which is ... not a Causal relationship, and it just shows Correlation.

For those of you who don't speak English Correlation is not Causation... but don't say that out loud or you will get "Stoned" by those with marginal intellect.

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