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"

Friday, December 26, 2008

christmas

So, it's just a nightmare to think about economics right now....

every once in a while I think about getting a real job... I would just like to go in and do some work, get paid... and have that be my life.

9 comments:

Tony said...

I guess you were a day early on RIG. Hope you got some more.

Tony said...

T.Lo has RIG as a "buy-above" and doesn't seem to favor other oil services: TSO, DO, NBR.

Airlines are near the top of the list, ie, the "momos".

Volume may be too low to get much pop either way.

Eric said...

this volume is ridiculous, almost scary.

Eric said...

Coal and auto's arn't exactly strong leadership today.

Eric said...

I just want to go back to bed... and it's all the ugly people on cnbc

Tony said...

C'mon, Jarvis isn't that bad... but you're right, Nesto gotta hit the gym

Tony said...

Looking at IWM, it's seems more technically healthy than other indices.

If the "textbook January effect" play is small caps... the risk reward seems in favor of the Russell 2000.

What are your thoughts? The EWT on this? From Oct 22, this looks like the middle of wave 3 to me.

Eric said...

If we make a run, look to semiconductors, tech... Maybe some banks, iwm is good too.

Eric said...

Oh... Javis is cute, We get maggie today too.

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