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 1, 2008

grr

I have caught just about every bank rally for 6 months....

now I'm sitting on my hands....

2 things that confuse me, and that I just don't get are

End of the month/quarter trading(I used to understand and play it quite well)

and

Options expiration.

Suddenly here I am looking at the market and it's a Damn mystery.

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