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

The stick

They took the stick to most of asia, and particularly china. Joe for some reason is funny this morning. Making jokes about how we really should just put everything on hold till the NFP comes out... Which is what is going on.. NFP... then stuff... everything else is irrelevant.

and yet... unless it's a 30% deviation from expectations.... it probably is irrelevant too.


so... 1.435 in the Euro/dollar.....

More Coffee, Less Bullshit!

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