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, June 5, 2009

For those who don't Follow

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...

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