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 26, 2007

A Tail of Two Markets

"It was the best of times, it was the worst of times; it ws the age of wisdom, it was the age of foolishness; it was the epoch of belief, it was the epoch of incredulity; it was the season of Light, it was the season of Darkness; it was the spring of hope, it was the winter of despair; we had everything before us, we had nothing before us; we were all going directly to Heaven, we were all going the other way."
-- Charles Dickens "a Tale of Two Cities."



As the R2k, tries to haul us under, and the Nasdaq tries to haul us up to new highs. Which market will take us which way, will GRMN, Circut city, AAPL, HPQ, CSCO... lead us higher with their thin leadership....
Or will The R2K with it's chipoltle, vonage, etc take us to Hell.

"It is a far, far better thing that I do, than I have ever done; it is a far, far better rest that I go to than I have ever known."


-- Charles Dickens "a Tale of Two Cities."


I hate when I get poetic with the market.

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