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"

Thursday, May 22, 2008


That look like the start of some sector rotation. The theory would be that we start losing materials rotate into Financials and consumer cyclicals, Maybe Utilities. Hopefully this is the trade for 5 days or so.

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