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"

Wednesday, February 18, 2009

I didn't catch this

http://www.cnbc.com/id/15840232?video=1038548059

First Becky was super cute, and I slept through all of it this morning.

Second Ben is in some serious discouragement....

4 comments:

Tony said...

Ben looked suicidal this morning. I saw this live and almost turned my computer off and went back to bed.

Carl decided to rub his nose in his bullish call that I guess he had made in the past. Nice touch from the Ken doll.

I bet Ben was looking for him after the show.

Eric said...

Ben seems solid, too much fundamentals... but ben has the balls to make calls.. ben was way too bullish, but his call was a 9k bottom, so i bet he figured the rebound would be violent... which was where he got the bad call... I think he was looking for 12K or something.

What did?? ... there was a point where joe was going to play grab ass with carl(or something)... what was that about?

This feels classic bottom, who knows if we will bounce off of 940 or what, but the indicators seem like we will have fewer new lows... ETC...

Also ben was right.... this looks like a solid 2 swing flag... needs to be on declining volume....

That would be diabolical, if we got a low volume reversal..

Of course... "it's never different this time." If we get 950, I'll start getting aggressive.

the rebound off of 940 even if it's a dead cat... will be violent. and worth a trade

Tony said...

Rebound off of 940?? Do you mean 740?

Eric said...

yep... they are both odd numbers aren't they? so it's like they are the same number..

:) 740

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