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.
Wednesday, May 28, 2008
Nymex
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.
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