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"

Wednesday, April 16, 2008

Suspicion

Suspicion is the companion of mean souls, and the bane of all good society.


-Thomas Paine



this feels like it needs to come back and find some support.

3 comments:

Tony said...

Good call on the RF.

I hope you've been hanging on for the ride.

Eric said...

I dumped some yesterday in the 20.40's

and am getting tired of picking it up in the 19.80's and selling it higher... and it seems to be hitting 19.80 more often.

The confrence call this time... sounded like there was more worry in their voices, than optimisum for the future. Makes me nervous, but if it wasn't that it would be something else.

The base it's buiding may be weekening... but I do like it closing at 20.30 .

HCBK and MTB are looking strong.

Tony said...

HCBK is one of the only banks to stay above its 200-day MA all year. Looks strong.

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