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, January 16, 2008


I expect to see us start trading range bound.... Some great choppyness.... The tick value was really high and the yellow shows a great Elliot wave... so......
Lets see if I get crushed.
UPDATE: The target is roughly the bottom of wave 2 of that elliot wave....
I umn.... I'm not playing the SPY. I just use it as a reference for my trades.
Ok, I killed that trade. I made a little bit of money.

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