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"

Wednesday, August 13, 2008

Dance Costanza Dance

..... This is completely working....

I'm looking to get out of materials, and even short them again.... Short Energy.

I think that what is going to be required near term is to get ready to short anything hot. and buy anything Cold, and just keep reversing those trends on a swing basis. the XLE looks weak, and the materials names...... It's time to short them... but maybe only for a day... or a day trade.

Materials/energy retail/financials..... maybe even throw tech in there.

I'll call this game UBER fast money

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