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, February 7, 2008

great volume

12000 should be a bitch to go through.

it is possible it's just a short covering rally.. no shortage of these days... an upday on Thursday was my model.. I was thinking about the bounce at 12K.... which messes with my downside targets.. may take till next week....

I hate bouncing around in my trades though it would have been a good idea to cover this morning....

Some day I'll be rich enough or aggressive enough to ... play the game that way. but... I'd rather just wait... if I take a little loss or break even on a trade.... That would be ok.

Isn't it the case that when your short you think it's going to go up, and when your long it's going to go down.....

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