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"

Thursday, January 15, 2009

Faber is pissed

we are back to "good bank" "Bad bank"

I have no joy here....

Umn.... There is a reson I don't post trades... I puked up Rig, oil was blowing up.. it wants to play with my 47...

KBE was just nasty....

nothing feels good... feels like free fall. there may be some small bounces but no joy.

We doe look like we may have a "Faber capitulation bounce"

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