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"

Wednesday, July 22, 2009

Talk talk talk Pivot

bouncing off the pivot... Day traders don't believe we could sell off.... so the technicals and an "unanticipated top" would seem to coincide.

Grasso says "You can't be short in this market"

to talk more sentiment, Maria and bob were a little nervous about the sell off..... which isn't all that .... It's counter sentiment to my bear thesis. They should be complacent....

but... life isn't perfect....

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