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 15, 2009

Not ready for it

The Concern in the "Sentiment model" is that "this was a Top.... that Maybe we were Ready for"

and that is the truth about tops.... they shouldn't be ready for it...

and on TV I hear people are "Ready for it".... and on fast money on friday... it was about "Short at the close" on friday...

so.... Ready for it...

and that is the concern about the "Top"

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