but futures look grim.
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 21, 2008
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2 comments:
Yeah, maybe TK, the cagey veteran, is right. After all, this was just a counter trend rally and the odds for a painful reversion to the overall down-trend is pretty good.
I certainly don't know. Both Brian Shannon and TK are agreeing.
I do like your XBI call, though.
Seems like it's oil this morning.
Check ultrshort Noncyclicals... that is a good play too.
The ridiculous thing is we are half way to the 11k level.
I still like the idea of a one day bump here... technically.
but oil is full of hate.
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