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

technicals

I'm not going to show a chart.... I'm cautious here.. this all just feels choppy... or it is choppy.

Tia Carrere to show here sympathy to the "Little people" out bid some of them for a dress on Ebay for the Grammy's..

4 comments:

Tony said...

I think we'll see a lot more "Depression chic" in the months ahead.

Eric said...

Doesn't that say bottom... UGH!!!

but that doesn't mean trading won't be tough.

Tony said...

This chop is torture... I'm going for a jog with the dog.

Eric said...

I don't have a read... with the exception of news flow, I'd say top.

It would be good to see a nice pullback then a move forward.

notice all the winners are losers...

Let us also notice... this is all the 'old trade" oil,industrials materials, weak dollar.. With banks.

It's all interesting... I don't draw a conclusion, nor can I even come up with one to draw.

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