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, April 15, 2008

"He that falls in love with himself will have no rivals."

"He that falls in love with himself will have no rivals."

-Poor Richard's almanack

I've intended to start my days looking for an interesting quote. Should be a god way to get the brain Synapses going.

Gartman just suggested that we are going to "Boor" ourselves into a bottom. That is a good way to put what I've been trying to suggest about a "Bear" capitulation, followed by a slow sell off.

Inflation, and materials may keep the market up. Higher input costs will start driving us down. I just think this is a 2 quarter process.

*shrug* I'm just making a suggestion of something I'd keep an eye out for.... maybe figure out how to trade. I don't know about that one.... How to trade it.

I've been suspect over the past week about the idea that we will Knife down... that was something for the BSC "Crisis" time. The new trade is just to get slapped around by the recession.

Traders.... I was going through all the traders I read.... You know what annoys me, is what a bunch of Hedgers they are.... AGREED... the easy trade is "The Trend Is your Friend".. Also, we arn't here to Gamble. But... Why do I need to read your Technical Analysis if what you are going to do is tell me what happened yesterday, and sugjest that it will continue.

What I need are sugjestions about what is to come..... Write, what I need to hear.... I guess.

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