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, December 7, 2009

Morning

My quick read with no charts..


many sectors are finding some buying... but with no rational Theme or rotation.

Example... xle is strong after opening Weak. so many things are moving against oil right now. but for some reason it's trying to outperform.

realestate is weak, but banks are strong... smh strong iwm strong...

either things will all strengthen or we are getting my Morning buying, as the Greatest fools move in, then a sell off.

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