I had to pick some stuff up pre-market, some stuff looks..... scared. I'm never psyched to do this, I'd rather see the charts in the openmarket.
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
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Pick some stuff up? Long or short or both?
So much for the V-bottom, maybe a pltypus bottom-- as TK says.
This should open down, esp tech, but some issues should fade up til 11. TSM.
Now we see yields up, inflation hawks are out... and I thought GLD would go to $105, so now I'll have to re-think that thesis.
Long...
Don't freak out here.... Everyone is freaking out....
Which is a sign we are getting close.
when everyone hates stock both long and short... that is a bottom.
I expected a bounce... and still do.
Sorry, Don't Mean to get tough with you.... Remember what TK said about transference..
dollar is stronger, and oil is breaking......
:)
That's Ok, no need for apology.
I never take anything and I rare;y freak out.
Long it was. Took a little off the table at 11.
Is KSU an anti-oil trade? I thought rails did better with high oil?
ALK is up nicely with oil down and some short covering. (ALK has lots of shorts out there.)
I dont' know if you have noticed but even 80 oil is high.... Transports and banks recover first.
With Falling oil... Transports do go up.... At least for the rally... Oil is going down....
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