I pulled off some Killer sleep.... so... Regardless of what I see as a ridiculous bounce this morning....
My spirits are good. The action in the dollar will telegraph the market move...
1.4050 should turn into a move to 1.3950....
Doug kass was on this morning, talking about how everyone is in the same trade again... Oil gold emerging markets...
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
Wednesday, June 10, 2009
Reflation Continues
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