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"

Monday, August 18, 2008

Trading is amazing

After I've RE-combobulated.

It's fascinating what we go through. Rejecting every emotion we have Day after day.

Mother market is scared of X. Buy it.

The Dollar is Tanked, Sell materials.

Everyone is excited about Biotech.... Sell it.

Spending the Day Not only Fading my own emotions, but everyone else's too.

I say no more new highs? is that because I'm just trading todays emotion... and it will reverse on me?

Do I think that the market is going to go sideways because that is what I want to believe? and we are going to Just Tank to the bottom of the Well? or is this just emotional carryover from today's action.

"Some day this War is going to end", I'm having "apocalypse now" flashbacks.

It's likely and is currently the trend that the volatility is drying up... IE we used to have 500 point rallies and we now have 300 pt rallies..... Next will it be 100pt rallies?

Crazy stuff

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