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, February 19, 2009

on my lemon socialisum theme

how about some Everybody Knows. I have no idea what the video is. but it has Spock in it.

6 comments:

Tony said...

That's the old Man from UNCLE television show.

http://tinyurl.com/aqn7bv

Good song, never heard it before.

So we hit the 2002 low, do we pop back up or fall into the abyss?

We might be calling this the Santelli bottom. In a way it was a relief to see the number and hear the Dow theorists saying we have further to go and yes it was like the good ol' days seeing Louise and her big purple crayons.

Now if we could only have Incurious George whining "This sucker could go down" just for old times' sake.

Eric said...

T-lo has me spooked....LOL, she isn't supposed to do that :)

It was him acting crazy and angry that had me going. Like I commented. Anger is barganing, not acceptance.

it's the last part of barganing..

The other thing that had me today, is they were Fucking Lucid as all hell. even talking the T-lo themes of Dollar up gold up??? and fed is not inflationary? people misunderstnading the fed...

It was crazy.. but maybe them being lucid was just a dream.

I guess what T-lo is saying is "Be careful, but could be a bottom.. .I think...

I get late week fatigue...

but I just saw the screen... good to see WFC at the bottom of the loser list.

The play... might be to buy the down legs, and slap on a stop and see if it holds.

Them replaying that santelli thing all day gave me a headach...

Love the man, but....

I'm all about the free market, but it ends with the french revolution, or Russian. I just don't think we need to "Endgame" that. we have done it.

Eric said...

what has me bullish....

If as we have seen in the past weeks.

a very tenuous game between the bulls and the bears. Where it's sort of a game moving toward a "Draw".

I think expiration will turn the tide.

Tony said...

T.Lo is in cash and smirking. I give her a load of credit for staying out. There may be a bear market rally somewhere, but the hemorrhage is loud enough to hear.

Long WFC? That is ballsy, but it might pull out of the nosedive before the others.

I haven't really seen a tenuous battle between bulls and bears-- it looks more like a rout.

Eric said...

we will wash out by monday.

I'm not sure I've seen us open down on expiration.

Eric said...

Don't let your "bunker" tendency get to you..

The world isn't ending.

hey gold is about to hit a grand.

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