that shows a correction..... Did we have euphoria this morning? or does down oil have legs?
what this doesn't look like is complacency, or bear capitulation
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
Tuesday, September 2, 2008
that is one hell of a chart
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