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, August 7, 2009

another interesting indicator

of sentiment... is I'm in no way willing to call a top here....


I of course havn't looked at the charts honestly to see what I can make out of the new squiggles.

I just think you have to wait till Monday/tuesday...

and the Options expiration is at the end of the week..

it was interesting for bob pisani to run around all day saying "the market has a Floor" no matter what you just know that the market seems to have a floor.

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