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, October 14, 2009

there we go...

I don't know anything about 10,00 but I do know people will buy the 20 and I know there are a ton of people long this sucker. and if that 20 breaks....



Goodbye cruel world

4 comments:

Tony said...

Are you wearing your DOW 10,000 hat?

Eric said...

I just sold my dow 10K hat...

wasnt' that what I was supposed to do..

lets see if I get fucked

Tony said...

daily scalp: COCO short if breaks below 17.66 with buy-stop at HOD

Tony said...

Dennis Kneale had some metrics on DOW 10K from 1999:

Dollar index was 100 (down 25 % since then)

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"