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"

Monday, November 12, 2007

Mid-morning update

Looks like oil is at that gut-check level for those who purchased it at 96 and above.
How much pain can you take?
Lots of oil stuff on sale. or... 10% overvalued... One of the two.
I screened some regional banks : outperforming this morning; NCC, BBT, HBAN,

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cnbc