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 15, 2008

Will the day traders run?

We have seen in happen many times. When most the bets are short term to limit losses, they will not hold into the close.

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