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"

Monday, February 9, 2009

I'm having a tough time caring this morning

I suspect... Now with the dow down 80... that we are going to have a pull back. Yep this kind of market smarts, isn't the kind you find every day.

Again I want to point out that oil is moving counter to the market, apparently that is in reaction to the move in the dollar.

the volume this morning isn't huge....

or even median....

I guess that means we havn't found sellers, we are just pulling back to find buyers.

and yet... who knows what will happen.

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