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"

Sunday, July 18, 2010

test

we had that nice test of top setup on friday... which seems to have failed.

Now... this seems very emotional. For a "Real Correction" I would have liked to see it be a down 100 or so day. I'm a little suspect that this may not make a new low. That and sentiment is quickly negative. I'd be curious what is on CNBC.... but it's too hard for me to watch.... Maybe I'll check it out on monday.

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