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"

Monday, June 22, 2009

Morning

Nice Bullish move out of the Dollar....

I did back out of my Treasury position on friday...

I hear there is all this issuance this week... and it made my knees weak......
*probably foolish*

Over the weekend....

I think we need to be looking at some short term swings.... With the "bouncy bouncy" move out of the market.... the one predicted.... As Barry said "Back and Fill..... at higher levels"(what a bullshit hedge)...

but we may get some kind of "Sell Friday"... "Buy Wed"... trade.... And we want to keep an eye out for it...

I noticed on friday, that the Underperformers were up, and that the out performers were down... as traders decided not to hold positions into the weekend.....

and this trade Might ride for a few weeks...

LOL... I woke up this morning to hear this on CNBC....."Steve Jobs has a mortality rate of 3or5 years, with a liver transplant".....

some of the Morbid shit we hear..... It's like Aapl is a Dead Pool on Steve Jobs

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