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"

Thursday, August 28, 2008

My point about the big picture quiet

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........

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