the threat to shorts here, is that on many of the banks the supply of sellers is running out. It's mostly shorts selling to shorts... Once we broke support, and havn't hit panic It starts playing out that way...
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, January 14, 2009
Overhead supply
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