Weak Dollar.
damn. that is a skanky open... and BTW this is a new leg down, unless we reverse by the afternoon.... I'm thinking this is nerves like I had this morning.... My holdings are hanging on.
IWM has found support
spy is back above the 30 day MA and found support
but these are new lows in the near term.
dow stil no higher high.
qqqq still no low
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
Friday, October 19, 2007
Morning debate
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