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"

Tuesday, January 15, 2008


This has been roughly my thesis .... Umn.....small bounce off that middle trend line... It will be interesting how strong a bounce that will be.... Hitting that lower Green trend line will kick off Wave 4 which will maybe be a lateral move, then move back toward the trend again for the finish of wave 5.... Of course that is "the general fighting the previous war"
Targets 1360-1330

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