You can see there is a nice "Dip Buy" on the trend, and now a euphoric top........ Still we could get another high... but it's over purchased... and it has to correct....
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
Thursday, August 28, 2008
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