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.....
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
Thursday, February 7, 2008
great volume
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