Martin Luther King Day–Then and Now, from Victor Niederhoffer
It is interesting to speculate on the difference between Martin Luther King Day, 2008 when the French flexions sold their position at SP 1200, a seemingly low level, marking the market down 7% in the process and the current situation with the market just 10 below 1300. It's very Lobagola like, Gann like, symmetric, and harmonious in a sense. How many flexions have taken money out of the pot during this time, and how much of this has come at the expense of the non-flexions?