So the Nymex just opened, and Oil shot up .50....
I'd just chucke if the dip buyers in oil, got taken behind the woodshed and beaten over the next week.
Like I said, the trade for 4 years has been "Buy every dip in oil"... it's tough to break.
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
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