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, July 17, 2009

I'm in lazy blogging mode

spx came back to trend support.... bounce expected...


then retest the breakout... Maybe...

xlb looks like it wants to bounce maybe xlf

others look weak.

there is a ton of weirdness in the dollar and the treasuries...

which says to me that there is some market distortions.... that need to correct...

as always the question is Which one?

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