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, September 22, 2008

The mad max trade

Again, it's obvious that when we find that oil and gold break, it will be time to go long.

Limit up on oil.... Wholy crap. the talking heads say it's a route of the shorts in the october contract. But if the longs are bidding it up... don't they have to exit. unless shorts are fighting themselves.

Commodity bull, gartman says... well at this rate, gas will be unfordable by the end of the week.

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