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Former hedge fund manager Andy Kessler (who also has a few good stories of block trader Robal Johnson from their PaineWebber days) recently called the current volatility a "yo-yo market" in a WSJ op-ed, blaming Washington meddling and uncertain policies. When does this yo-yo end?

This year: 5%
Next year: 40%
Two years: 55%

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Security Traders Association of Chicago

84th Annual Mid-Winter Meeting • January 21,-23, 2010

Reception

Cromwell Coulson, Pink OTC Markets, New York; Stacie Swanstrom, Nasdaq, Rockville, Anthony Martinez, Fidessa, New York.

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