I was hoping for a base.... but we all know where hope gets you in a market.
the most probable thing is that we 'V' bottom violently off that level, then retest next quarter.
but... Retail may have a short lived bounce between now and Thanksgiving.... As might the market.
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, October 14, 2008
Most probables
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