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 9, 2008

I made this chart to show the rate of change from the low to the new low, and the distance from the highs to the lows..... Basically it shows that the move is slowing...... I think it still has some gas in it.... which could take us to my 1470ish target.
It would be more organic if the rate of change was 20 then 10 then 5...

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