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, June 27, 2008

more oil

oil was in a range.. as a trader you see it break the range.. so you jump on as it breaks... that is the point where... well that is where a wave 3 happens.. that wave fizzles... what is that 141.50?

I guess my point is at one point everyone going long will have gone long..

here is the oil fight from this morning

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