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 27, 2008

maybe its contrary

I'm over being short for now... except xbi....

I may reenter but... overall

I'm calling No joy.

With financials rallying, and oil rallying......

It's hard to fight that momentum. that and not believing in a "lower low" in the market....

seems like a fools errand.

and yet the market will probably try and jump off a cliff tomorrow... again...

But the end of the month money comes in on friday.. maybe tuesday.... Then if oil sells off hard? after the hurricane dies out?

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