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"

Thursday, January 31, 2008


this is 2 days SPY.
Green shows the impulse wave we finished(Macro-Wave1). Yellow is a correction or (macro wave2)
Then we have The white wave(wave 1, micro) of the (macro Wave 3).
Hypotheticly this takes us into 1450 SPX
Bearish... Yellow is wave A correction. White is Wave B, and the blue is developing wave C.... Then we get yet another Impulse....
No clue about the jobs number tomorrow....
it will play out one way or another
Chris Dodd is a moron...

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