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"

Monday, December 1, 2008

Morning

Opec... Or one of the opec countries has decided that $70 was fair price. Where were they at $140?

Apparently "7 swans a swimming are 30%" more this Christmas.

Seems like we could have Tony's pull back of course that we hit 90 on the spy, and we hit that blue trend-line...

Of course that it still has yet to be seen.

Question is, How can we pull back for the next 5 days till the NFP.... seems like a very long time.

What we want to see is the market just "Play" with the trend line.

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cnbc