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"

Tuesday, February 24, 2009

Ken Griffith

As the market goes down and down, the magnitude of the problems becomes clearer and clearer..

did the market bounce because we have more clarity on the solution..

I don't know!

2 comments:

Tony said...

Markets bounce, that's what they do after a 10% decline in 2 weeks.

Good call on WFC. I got into BBT at 15.15 and rode it all day to resistance to 16.80. I just can't hold it overnight... it's an emotional thing.

BBT announced an increase in their divvy after hours and it's up more.

Eric said...

That is part of a mamis developing bottom sentiment...

"problems get worse and worse for known reasons, and the market goes down and seem like they will never end"

that word is developing

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