the dip buyers came in,
the "treasury will rescue the auto makers" buyers came in.
what one may want to know is that futures were down 200 pts even before the senate.
then there are the new shorts that came in that were crushed.
or it's all a big trap.
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
Friday, December 12, 2008
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