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, August 21, 2008

The Creeps I say

Funny how we/I respond to the old theme. Oil just has me ready to climb the walls.... and as everyone jumps into that pool today. For no good reason, as I can ascertain... except to chase momentum.

I literally want to pull every dime I have from the market.

Maybe I need to take my vitamins.

The problem is that emotionally.... that could indicate a break down in oil and a solid rally.

Or a rational fear.

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