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Jens 'n' Frens |
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I was talking to a trader this morning; activity has been light for weeks, and this has largely been attributed to next week's fed meeting and Iraq handover. (Sources of volatility have been excuses for high volume at other times. The financial media are a fascinating excercise in persistent cognitive dissonance. But I digress.) I quipped, "nobody wants to take a large position before the Canadian election next Monday," and he just went blank. "That was a joke," I said. "Oh," he said, with a polite chuckle. |
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