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
Tuesday, July 15, 2008
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4 comments:
Are you taking any action because of the banking sector crisis?
Yes, taking money out of the bank 4% 989
Yes, taking money out of the stock market 7% 1699
Both 7% 1683
None of the above 83% 21413
Total Votes: 25784
CNN measures people's sentiment :)
No panic. I think it's a rally, too.
I think we will see up futures, and they will be shortable.. but I did hit the SKF a littl bit ago... small Position...
this is the longest rally we have had. I think if we see some Optimism, or optimism about oil in the morning. I bet that optimisum will Lead us Astray, and it will be time to get short.
that trend channel is about 1.5 spy points away
I am thinking if I say BOOYA SKIDADY we will sell off... some more..
cause... "It's all About me"
Actually I just added to that short position.
I think the market is back to doing exactly the opposite of what we think...
I'm so exhausted from watching everything for 2 days now. How do you do it? (rhetorical, you must really enjoy it).
If oil keeps dropping i'll start buyin USO.
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