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, May 12, 2008

gap fade and Nymex craziness


The old gap fade.
after selling off $1.50 oil is now only down .50.... But as some dude on the nymex is now calling for $250 it reminds me of when cramer and GS kept upping the target on GOOG, Which was a definite sign of a Top.

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