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"

Tuesday, December 16, 2008

I'm not sure what it means

in all the stregnth we are getting some.... choppyness in front of the fed, maybe some people just don't want to play, and would rather play after the fed..... If the market were doing this in normal times, I'd say that sudden weakness, in an uptrend portends a sell off.

I know this is bullshit hedging.... I still hold my bearish bias...

but I'm seeing more neutral action, of late.

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