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 23, 2008

short covering rally

I think into the close we are going to get a short covering rally in everything.... I think a lot of people short the market are just going to clear the positions and see how things go on Monday..

The market feels Tired and Depressed, exhausted...... I think on Tuesday people will come back refreshed and ready to fight again...

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