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"

Wednesday, February 6, 2008

Nap While trading



... I keep taking naps while trading... or more like lay in bed and listen to the market on cnbc..... I used to do this while watching tennis, and i'd have erotic dreams about Martina Navratilova.... So much for an OVERSHARE!!!.




I actually keep suffering insomnia. Which is the real problem... could be the stress from trading making my stomach upset... have to try some Tums




what was I doing... oh... a chart

So, in black and red are possible developing trade channels. I suspect the red one to be the most valid.

In green I'm throwing out a possible Elliot wave. Wave 1, completed. Wave 2 being the up-move today. And now Wave 3.

2 Assholes, from Sandler O'neill are on CNBC trying to convince us that we need to fix the Shadow banking system.

Sorry kids, the fed is here to keep the banks from exploding. Not to keep the Shell game of the Bullshit Credit market going.... Which will never happen, Those lenders will never come back.

you won't catch people getting involved in "Innovative financial products' for 7 years or so. till they forget what happened.

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