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, May 7, 2008

Market health

.... I'm not saying that the market is Healthy... but... there is now a direct inverse relationship between the price of oil and the indexes.

This market gave up on that 9 months ago....

I suspect that it's an indicator that the market is Healing...

I'm not saying it's going up... But if oil will come down we could see a nice move in the market... which is one of the most rational things I've seen in the market in a long time.

I don't know about you but... I have noticed that the market and the economy has been very unhealthy since gas moved above $3.00

No comments:

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc