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"

Tuesday, July 15, 2008

123-123.5 on the spy

I want to see some weakness in this trend first... then another high... but I expect to see an attempt to sell it into the close.

I also see some weakness in the SKF

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