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"

Thursday, March 13, 2008

11358 is a 20% haircut on the market... official bear teritory

8518 is 40% maximum bear teritory.

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