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, March 2, 2009

Trader Logical Falicy.

TK HAS BEEN BLAMBING OBAMA FOR THE SELL OFF, AND YET. here he is saying somehow he it is his fault, and that you can't do is manipulate it.


You can not manipulate the market, This is what The O-BOMB-A team is learning. They are like 8 th. graders who are allowed to run the school. They don't have a clue and are ruining the system. A bounce back to around 7200 then another new low. Breaking the 03 low was very significant, It is a long term break out to the downside.
you have to realize most traders actually have 8th grade educations. this is very typical of the market Rorschach. Apparently only a republican can manipulate it to the upside.

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