Answers I Really Wanna Know: Jumping the Shark in Our Wishbone World?
Was Friday the 2008 trading low before a harsher downside comeuppance arrives in 2009? Given the historic rally that occurred while the bond market was closed yesterday how will the equity thermometer react with the credit backbone open? Particularly with Credit Default Swaps in the financials lower across the board this morning? Is the “easy” trade the first fade (lower) today before a truer tone emerges? Has the script been written into expiration? While I punted my bull costume into the eye-popping lift have I adequately expressed that I’m open-minded to the upside and trading “two-sided” as a function ...
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