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"

Tuesday, March 11, 2008

tail of the tape

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

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