I figured we would bounce off 1490 this morning, which puts the bounce in question.....
Currently I think the bounce will develop end of the week.... My positions are profitable, but turkeys.... Meaning I'm not getting the 20% run I was greedily hoping for..... Let me just hang onto them till they are losers...........
Suck down more coffee see what I think.
I'm telling you Retail bottoms next Christmas. That is a knife waiting to happen...
Honestly I want to go back to bed
UPDATE: Bear trap..... Lets still see how things develop. I'll be surprised if the bears can get things going....
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
Wednesday, December 26, 2007
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