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, May 18, 2009

+7

well... those are solid futures.

there is still a solid downswing, and we could see one final upswing.

The dollar is looking stronger, and Over the weekend I heard all the "What the economy needs is a weak dollar to grow"... and... for all the ..... You don't grow an economy from a weak dollar or from inflation, that is the bullshit game of the past 10 years.... or to expand credit... which is the game of the last 20.

A nice diabolical thing would be an upswing... that fails. Half way between a last buy the dip, and something to put some pain up the bears asses.

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