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 8, 2008

Oil and the market

Market is looking for a reason to rally. I suggested, days ago, that a small sell off wouldn't be believed... but I think we are ready for that short covering rally.

but then again.. maybe it will only last to the first 30 minutes in the morning. There is massive short interest

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