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"

Thursday, July 10, 2008


we broke through that resistance. I think it's time to correct... I suspect this will go on till maybe 2... I want to see where we are at that point. I've taken a short hedge to Cover my gains.

I'm curious how this will develop over the next few hours.

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