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"

Friday, February 1, 2008

What I wanted my day to be like

In the fantasy I was hoping for a 3rd wave continuation.

Melissa asked about trading ideas..... We are in this nasty range bound, it's tough to bet either way...

The weak dollar is going to drive this market up, it looks like. This is a tough trading environment.... I'd look for momentum in the first 30 minutes, and follow it...

It will drive the bears crazy if we go up......

MBIA is working on a deal with banks, ....

Once we get through the mbia stuff, we do still have a recession to deal with.....

I've been thinkign about looking into bulk shipping, that may be a great play, It may be unfiarly beaten down.. acording to rumor the weakness in the index is seasonal.

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