For all the readers that celebrate Christmas, a hearty wish for a merry one.
It has been a good year for trades reported on the blog. Sure, the glass half empty side is to think that I could have made more, especially with 20-20 hindsight, and taking on more risk.
For history buffs, there is a well known tendency for military generals to plan to fight the previous war. That is a danger in financial markets as well, to think that what worked last year is going to work in the coming year.
Merry Christmas to all. Cheers.
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