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"

Monday, May 5, 2008

Some morning blather

... Erin is kind of cute this morning... Tan and new hair I think....

SO..... I hate to be a hedger.... I keep talking about a sort of 2-3 day pull back that we should get.... That should be trad-able short the indexes.... Umn.... I still say we will go higher....

I was surprised we didn't retest 1400 and it looks like we are currently testing 13,000.

I honestly think the open is probably a buy.... I'm kind of hung over this morning, So... I'll be sitting it out, except my current positions.

I'm getting Creamed on oil up $2.... What I get for posting a trade.. Course it's such a small position... I'm having a hard time caring.

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