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"

Thursday, May 8, 2008


I'm looking ... Instead of selling half this bet... I'm thinking I'll hedge short the SPX or IWM... I'm looking for a move lower... but....
asuming oil can hold or decline more.. this will be a nice wave 2 correction in an uptrend

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