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"

Monday, December 7, 2009

Dollar/futures

W have heard some of the big upside targets for the index, and there may even be hints of people excited about a "Massive V" recovery.


1.48 is the euro breakdown point, which it's now toying with. and futures are down a bit but with fair value they are muted.

Lets not get too excited.

we may see an inside day.

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