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, February 25, 2008


home sales just got released... but they sound even more bearish than.... one would expect.... market tried to trade up...
I was looking for a little reversal.... but Even with trading up on the housing numbers... I'm thinking 133.5-134 move to the downside as a target.

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