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, February 23, 2012

a week ago

a week ago, I pointed out to a dear friend that we were in "buy the dip"mode... and of course after that comes the top... so... I'm not sure if it has happened or if we have another little push. Checking my reads... we have the nice "Profit taking" sentiment... and general disbelief that the rally could be over.


Lets see.

1 comment:

Tony said...

FWIW, here's my "top" view; http://starwealth.blogspot.com/

I've been wrong before as you know. I'm still net long, but have put on some hedges with QID and DZZ

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