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"

Sunday, August 17, 2008

XBI

Wierd I forgot about the XBI.... Probably because I'm obsessed with the proshares ETF's, and the untrashort product....

But this is a trade I can get excited to short, and reduces the risk that something I'm short will cure cancer/Alzheimers/diabetes, while I own it.

but... Across my red trend line.

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