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"

Monday, August 18, 2008

looking at the devistation

Looks like tradewell could be up on the market moves on all of us.

As shorting retail and tech...seem like the moves.

Seems like It's time to shift my focus to shorting those rallies..... If we get one/some.

We do have a potential for a new high... but I'm no longer optimistic.

I'm also not sure I can get optimistic about very good swing trades in the banks.

I'll see how the trades I have go.... but. I'm not very excited about the potential ROI in those swings.

And scared shitless to be holding them.... but... sentiment wise... how can you argue.

I've had it for the day.......

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