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"

Tuesday, October 13, 2009

Up Swing

I get tired of talking possibilities.... The thing that kills me is how everybody chases the market. Like I said yesterday, every knob in the market finally saw the 3 push... then with the pullback, looked at the charts after thinking "JOE TERRANOVA SUPERSPIKE!!!" so they chased it down this morning. Then it gave them the beating they deserve. So do they stalk the upswing?? no... they will chase it...

No comments:

New Economic Indicators and Releases

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