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

Closeup

There is the weakness I was talking about..... One more high or a dome top. To talk some silly Mojo... this uptrend is Very Bearish, Says short covering.

2 comments:

Tony said...

Oil and dollar drop. Euro at $1.60.

Thanks for the Teresa Lo link.

Fade into the close today??

Vix spiked but still need a BIG capitulation day before the buy signal gets launched.

Eric said...

Ya, this wasnt' enough.

she rocks.

go through the pod casts, and the Keynesian beauty contest podcast.

I think a fade close.... but I'm in hate mode with the financials.. I would key off of the XLF.... I'll keep posting...

there is some bullishness right now

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