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

energy banks

Always a chance of a nice move here.... out of the xlf.

the xle continues to go sideways.... good call huh!... but it does worry me that energy and materials could reverse here...

and we repeat the emotional Meme of the mad max trade....

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