I'm still kind of neutral on the market.
this is what I'm seeing, the financials have been weak, and the dollar is "Trying to break down". the dollar move is making the inflation hawks(and still I doubt the inflation meme, but just cause I doubt it doesn't make it true.
so the stregnth now was in all the "old plays", which might suggest that this is more of a dead cat bounce.... but with the pull back, we could see a pop in the "New leadership"
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
Wednesday, December 10, 2008
so
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