was that bear capitulation was a good indicator of a Correction.
These are just tough moves...... but that is a steep decline.....
If we were zigging when it's zaging... being short here would be a good Idea....
If we get a break in oil next week, we could see new highs. and maybe we try and go down again after that........
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
My point about the big picture quiet
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