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 10, 2009

LOL

Dylan 'transparency' Ratigan said the market Hoped for some hope for the future.
Minute 5:53 of Geithner plan lays egg.

Could be getting close if we have to hope for hope... (not that we have or havn't bottomed). Assuming one has the thesis that we need to "Abandon all hope" before we can move on.

In the "Everybody is a technician" file.... This one kills me, Chris Mathews of "Hardball" fame, just said... "I'm concerned about once we break through that 8000 level, it could be a long way down."... I think somebody has had one too many cups of coffee with Erin Burnett.

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