Day

January 18, 2012
2011 was an odd year.  The volatility reminded me of the Led Zeppelin song, “Dazed and Confused.”  The S&P 500 moved at least 2% on more than 60 days (which in 2005, for example, it didn’t do once).  Those people who have superior information and market sense — traders and professional money managers – did...
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