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, April 15, 2010

If ..... THEN

If this can break down, without making a new high.... you have a setup... Well you have a setup... but there maybe a trade.

I have LOOKED for a Setup....

I have Seen a Setup....

Now I wait to Execute....

and I can.... Use a hedge to keep me out of trouble....

and set stops.... Hedge stops.. buy ins.... etc.... to keep me safe while I Get the Fuck out of here
and quit waisting my time fucking around with CNBC..... Macro... and the generic Jerking off.

Move on with Real Life!

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