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"

Wednesday, April 8, 2009

bear flag


I didn't point this out... but we tend to have a bear flag before a Bottom.

but... a reversal usually follows.

I'm trying to figure out how much of a broken record I've been. we had a nice little sideways move, and we could be getting that final low.

banks were super flat and weak today. fairly exclusive trading in MS and GS of late.

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