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"

Friday, May 30, 2008

Oil... It'a always about oil

... Me I just want to watch the French Open.

What amazes me, is the notion that oil at $140 isn't overpriced..... Goldman can't be wrong... or performing a pump and dump!!!! Not possible!!!

but of course, every uptick energy goes up.... and every other down-tick it goes down... Things will become overpriced.... it will happen, get enough eyes in it, saying it's going to the moon.... suddenly there are no more eyes.

Everybody who wanted to get into oil, got into it when the projections were $200

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