Just trying to convince myself to keep taking a beating......
My suspicion is that the Mono-lines are playing brinkmanship.... you don't dare to downgrade us.... we will take the economy with us......
I keep hoping, it it keeps working out to my favor, that as long as I sort of know where we are going, and don't "overtrade".... AKA Trade around constantly like a dipshit.... things will work out.
Admittedly, I could turn my trades into break even.... I just think that is better than bouncing around. That is what will kill me as a trader... Just jerking around.... it's one thing to start day trading... and another to go from short to long every day or 2.
regardless of what paulson says... the market looks like its going to break down...... umn....
famous last words..... and I've sounded like a broken clock this morning.
not that if your trading around like a pinball, your a dipshit..... I know how hard it is... but that is my thesis... and I'm sticking with it.
but... Damn I know how hard this is being to trade... and that is very bearish.
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
Tuesday, February 12, 2008
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