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"

Thursday, May 7, 2009

bob shiller just said we were going to the moon

and... I hear HufPost "Like totally called the crisis" according to Ben affleck

Ugh.... want to go back to bed....

One of those mornings where I make coffee and it sits there....

5 comments:

Tony said...

Great call on the 3 push to 95!!

Looks like we a re in the second push?

Eric said...

well I think they will try and sell it this morning..

I'd like to see a nice dome top...

but also..

the trend has been up through the stress test... or up through the NFP...

Shrug...

I don't know... I'm flaling...

mostly cause I don't own WFC

I want to turn the coffee pot off and go back to bed...

Tony said...

It's been tough for me missing this bank hysteria. I have some banks in mutual funds in my retirement, but in trading I have not really participated, so from that standpoint seeing names I had before go up is hard to watch.

But, no regrets.

Eric said...

I have a few shares...

but you know...

not Many....

futures are down trending, it's another sell signal of the open.

Maybe a nice 11 sell....

but... I think it goes off the bell. then a rebound later

Eric said...

technically we are in my upside targets....

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