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"

Sunday, July 20, 2008

Banks and That trade

..... Now that... Thanks to numerous people...Whom had to hit me over the head that we had a "near term low" I just want show some Humility.... After Like an ass, I trolled Barry.

Again, I want to talk up invivoalytics, Which looks to me to be, on of the best Investment Strategies/Swing trade system, I've seen.

Also, Thanks to Tony, and Melissa. Both of whom notice things I don't, and sometimes help me to "Not eat the soap" myself.

We can't be sure of anything, Financials are likely to be a poor 3-6 month investment at one point, but a good swing trade. I feel like the xlf has put in a good base, has more to run. before they get manic.

I was looking at the sector rotation model, in this story, (once again, thanks to Invivoanalytics, for pointing it out) which .....the story suggests that Technology and Cyclical, "bottom" roughly the same time. And appear to me to be the next great "Bear Run" for those of you following Trading with TK. a Good metric would be AAPL. and if it roughly fits his model... when it hits his target... That smells good to me. Especially as a market leader in Tech.

Tech feels to me like we are at that "Valuations are good" Phase.... which suggests we are half way there. Same with Cyclicals. "If you like valuations here, Wait for the "Discount sale"

And, I'm still feeling bad about the Barry thing, I do apologise, if you come back. It's sort of a tough love I'm throwing out. Not that I know anything. But we all need our assumptions Challenged.

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