Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Thursday, October 18, 2007

Looking for the head and shoulders out of the qqqq, Manic google. and some profit taking. then a failed move next week....... OR Not!! going to need a move to 36.5 or 37

Could be a double top. based on today's White hot action. or not, not a double top, not white hot. The transports make it obvious that this rally is for suckers.. if your holding lots of stuff long, time to get out of U.S. sensitive/consumer names.

I'm punching the next person who says Bubble....

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