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"

Monday, April 7, 2008

Well.....Shit.... My financials are doing well.... I've taken a risk on a little larger short position.... I'll cover fast here....

We are preped for that 4th wave in the financials, and this is a decent 5th wave in the SPY.

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