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, August 5, 2009

The Cartoon version

the umn.... The options buyers are all about this month's calls.


Right... they are willing to buy the calls saying "Going to go up through Expiration".....

Seems like a TON of people in that trade... and she is going to have to mean revert to get my Top built.

It would not surprise me to gap down to the neckline in the morning.

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