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"

Thursday, July 3, 2008

Current CBI Reading= 11

I wonder if it will get to 13.....

It's going to take a lot to get traders off their hands.

Market closed on it's lows... always expect a bounce... but....

I get up too early... I have breakfast and I just want to take a premarket nap. It gets dangerous... I do kind of like to know what happens from 8-9am Eastern.

Again this morning, futures traders think we trade the news...

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