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May 7, 2010

How to Play Crazy

Today's action, as would be expected, is seeing some volatility spillover from yesterday's mini-crash. That confusion and emotion are controlling market movements is palpable as traders fret over who will fall next in Europe, U.S. exchanges cancel trades, and money managers try to sort out positions going into the weekend. The whipsaws are fabulous for a talented day trader, but murder for those who let ...

 

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