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"

Monday, August 3, 2009

before the open

damn.... where are we.


It's hard not to sell the excitement. Jim Eurio I guess or the dim guy from wells capitol management was just on saying going from 1000 to 1300 was going to be easier than going from 700-1000.

Damn... I guess all that is wrong is companies had all these Lazy employees, guess Happy days are here again!

I wonder what trader feed is saying...

I would imagine that +11 spx is "in the cards" as a retest. If I am going to sell it... and maybe my apprehension to do so... is a good sign I should try it.

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