Well it feels bullish to neutral today, I'm in cash.
I say Neutral trading from
13000-12800
S&P from 1440-1400
If we hold above 1410 or 12800 by the end of the day, near term we are at a bottom. after a few days of trading then a dip down a little lower and we will have it...
That is my crystal ball...
then jobs numbers
and i HAVE NO IDEA ABOUT THE FED. or how the jobs numbers will affect it.
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
Tuesday, November 27, 2007
Market
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