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 3, 2008

Yippee

optimisum on wallstreet....

this always ends well.....

3 comments:

new comer said...

morning,

due to holiday shortening trading hour, i just think everyone is finding the way out - not matter they are long or short

what's your thought?

Eric said...

I think we just caught a bit of a base... but I think it's shortable.

Many things are down solidly, and I thing there may be some covering, giving us the base.

I'm thinking it's best to alwasy be thinking the oposite of what it's currently doing.

No mater which way it's going, it's bound to move the other direction.

Eric said...

Look for some opertunitys in the SSG(ultrashort semiconductors) SMN(ulrashort materials I think) adn the DUG(ultrashort oil producers)

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