Started some shorts today into some of the weakness. We have started to hit my resistance levels and we are seeing some weakness. Many players trying to get dips where ever they can, and they are getting more frequent.
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
Monday, December 8, 2008
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