Tony's Blog... he had a great post this morning.....
Of course it's sort of similar to what I emailed him this morning....
As sentiment.... I've spend most of this week Talking him down, from Extreme "We are going to the Moon" Sentiment....
and maybe we are...
But I can think of very few times where we havn't retested a bottom.... I think a retest is part of restoring confidence in a market...
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
Friday, June 5, 2009
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