I took all my toys and went home..... Stops were hit.... Bla bla bla.... charts not matching my models, Playing too many stocks... market hates 1300...
I think we still have it in us to go higher, but my hubris and this sideways motion, says there is more selling pressure than I expected...
IF we have one more high.... It's probably only one.
I have restarted a couple trades, but at this point I can only manage one or 2
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
Monday, August 18, 2008
too hard to post
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