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"

Wednesday, November 26, 2008

this is the past 2 days and this morning

this is a Base building move/consolidation....

but be warned I always say that before we leg down.

but in the past 20 min we have managed a rebound in financials.... so....

financials can now go sideways, find both buyers and sellers, and arn't at support, which was why I felt we would get a bounce..

The key here may be to play the volitility, Play both sides and just trade it out..... listen for some euphoria on cnbc.

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