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 22, 2009

This morning

I saw Quant-edeges call for a 4 day bounce.... not that they arn't less that 50/50.

FITB just reported a $2.00 loss, once you get rid of a goodwill impariment.

I was looking at the myriad of T.A. sites. somebody said we didnt' break the downtrend on the spx... Unfortunatly they seem to be wrong...

Like I say once you break a trend line you have to play with it.

Volume seems to be ok...

You know... somebody is right the equity ratio for the regionals is like 5-10% as opposed to the big banks that are like 3-4%

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