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
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 8, 2008
Oil and the market
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