I'll stick with my thesis that we had a relief rally in oil.
Like I keep saying.... It's hard to unwind a trade that has worked for 5 years.
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
Saturday, May 31, 2008
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