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, October 12, 2008

I hope we go up

2 months of decline has been enough... Especially after a 1 month bounce after another 2 month decline...

we have to get a 2 month bounce right?

I just want that positive mojo from going up.

So... I got up this morning and there was snow on the ground.... this is a bit early.. and this was the first frost.. and it happend to rain.... or snow.

Most the morning I refused to look outside... That is what Denial is for I said to myself... Just pretend it didn't happen and it will melt by noon.

8 comments:

tradewell said...

Snow/frost in Utah already? I thought it was South of here.

tradewell said...

Futures are bright green. You may get the positive mojo back.

Eric said...

The incomplete part of that "it snowed here"... We are a high desert. so Super hot during the day super cold at night... and the altitude is 7K with mountains that go up to 10K within 20 miles... the temperature isn't abnormal... it's the combination of that and moisture.

I expect some retail liquidation in the morning, they have yet to finish panicking. So... down futures will be my guess.

but now you have made me look at the futures.... I wanted to suck my thumb a little longer.

I'm working on a post, when I get done read it... I'm not worried but I'd still be cautious.

tradewell said...

You will live to be 120 years old. That kind of air is very good for that...

I'm super cautious and regret buying SSO. Not too much; pretty sure i can get out safely, and i'm well hedged.

Doesn't feel like a positive week coming up. Another "groundhog day" type of week :)

Eric said...

Nah....(famous last words).

Too Much sideline money waiting for "THE BOTTOM" and for the bell to ring. We should rocket Nicely, then come back.

You should see our air... I'll be lucky to hit 40. We live in a big bowl... bowl filled with mini-vans.

Eric said...

The real incomplete thought was that I feel bad I didn't take pictures, to share.

but Denial was required, and taking pictures is not ... Denial...

but acceptance.

tradewell said...

Indian Summer is here, golden autumn and all that. I've been taking pictures yesterday and today and wanted to post up on my blog along with some poetry but then decided I should not mix it with the stocks.

Are you writing that post?

Eric said...

It's done... its just before the tinfoil hat post.

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