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, May 20, 2008

Distracted

..... I have a computer I'm sitting here and it's taking up my cognitive Excess... er.... Regress... I can never differentiate...... But I digress.... Poet Know it.....

So.... Melissa showed up yesterday and called the Melissa move.... as she does..... I'm having a hard time throwing out charts... but ... I think we finally got the final correction before the topping move...

But if oil cracks all bets are off. If we can get $80 oil... this is over near term... and we go back to old highs.

Oil.... I have a hard time getting a proper chart... and I killed my oil trade.... as marginal as it was I just couldn't take it any longer....

There is a disconnect between Brent and Sweet Crude... it just shows more of the disconnect in that market.... it is coming back.... I swear...

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