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.
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
Monday, May 18, 2009
+7
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