We have Returned to the George Castanza Trade "Do the Opposite of what you feel"
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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2 comments:
I feel i want to short. Does it mean I should go long?
I think you should have/sold it then covered in the morning. Gone long Waited a few hours then sell it... wait for the reversal, Short it.
I think the futures will be down in the morning in the morning.... then I think we will rally. Then a few hours later... it will feel bullish... And it will Reverse.
It's an accelerating Decay cycle.
A little later I'll do a Chart...
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