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 13, 2008

well

We had a nice wash out of all the regionals, and they are mostly priced for a dividend cut...

I'm not sure how they will close...

but.... Oil is looking weak... Maybe some optimisum if we can get below 134

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