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"

Thursday, July 2, 2009

Fast money last night

Teranova was talking about how the leaders this quarter were going to be the laggards...

and it was unfathomable to him that "The Reflation trade" was going to under perform.

Funny he doesn't track sector performance.....

6 comments:

Tony said...

I think the hair gel is lipophilic and after years of over-use it is starting to interfere with his cerebral glial cellular transmission.

Tony said...

Alright, I'm heading up to northern most part of Wisconsin for a week without internet. Golf every day, martinis every night, cigars to keep away the mosquitoes that get as big as canaries.

I have all my buy-stops set for the swing highs or invivo stops for the shorts.

I have some buy-to-cover triggers set if we really break down--- to take profits on shorts.

My only longs are UUP and VXX.

Have a good week!

Eric said...

nice... stop smoking it's bad for you...

I just hinted that Dr. Brett was a punter...

I'm such an ass

Eric said...

have a good trip...

Tony said...

Yeah, I read it; poor Dr. Brett. I'm pretty sure he doesn't read my website, so I wouldn't worry about it. But you do have to be careful of those head shrinkers... 'cause they'll put a mojo on yo' ass.

Eric said...

then I went to his site..

called the day traders "punters"

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