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"

Friday, May 8, 2009

My mojo


Either we are going to see some freaky double top, or 93.60.. there are some trapped bears in here than need to puke them up. My impression is that there are some weak longs here, that arn't going to be willing to hold them into the close... but they may have more mojo than the bears who fumbled into it this morning.

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