before the close
This is the first day I've seen solid attempts at distribution... or what I perceive as distribution.
It makes me cautious.
I very much suspect that we should get some end of quarter buying for portfolio re balancing.
but to get to 840-850.. I just think it will take 2 days... I guess we could have a 300 pt day...
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
Friday, March 27, 2009
my summary
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