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"

Thursday, December 10, 2009

What I think

I was re-reading Mamis yesterday.


a nice failed bounce should start a run for the exits. But Sentiment feels super Bullish here, Besides Doug Kass who is more and more confident, there is Limited Bearishness. Nobody can believe that we could start selling.

It just all feels right, Nobody can say it or call it.

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