I'm fairly fatigued, Let me just say that emotionally that "Fanny Freddy" financial Armageddon Meme.... Well it takes it out of me. Hopefully it's on the Outs. But Twice in 2 weeks, and right off the bat. I just want a new one.....
Can we please switch to "Christmas isn't going to happen."...
Or even the "Global economic Depression"......
What ever happened to MBIA and AMBAC... Oh... They rallied on the news that they have a "Double A" Rating....
Damn.... I'm on a rant.
So..... At best we will move sideways. For the week.
And my ability to read sideways trends is Nightmairish....... Sideways trends suck.
I'm skeptical that we can sell off immediately. We are so close to the recent lows... we could get there by the end of the week.... and it would be grim if we tried.
14 trading days to the NFP...
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
Monday, August 18, 2008
hmn
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