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"

Thursday, October 16, 2008

when I say start of acumulation

I hope we know that that needs to go on for a few days.
We are going down 2 pts on the spy at a time... next stop 84 we should get a nice bounce there.

Bond yields are flat... except the 3m-1year. that are up... but .31% on the 3 month isn't that exciting

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