Shorts came in... got it taken to them like baby seals... They came in in the morning making the market look weak.... Then they got crushed by delusional optimisum.......
Oil 110.
No Mortgages, No loans, Contracting credit everywhere.... A fed that must raise rates, and not lower them...
but the market goes up
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, March 11, 2008
tail of the tape
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