So... The thesis would be we need to give up all hope, and yet...we have the fight over the stimulus to hope for.
we keep playing with that 800 spx level.. they say "more times tested.."
and yet.. what is this the 400th time testing this level..
Fast money they are giving out that "Barbell" trade...
The thing I'm interested in is how the utilities and healthcare and pharma will do....
that is interesting. See if we can get some flight to safety.... there.
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
Tuesday, February 10, 2009
some stuff
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