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, February 26, 2008


I can make a case with this 3 day SPY chart that this is a complicated Elliot wave.... I also can't imagine that this rally is going to not continue to the close.......
I have one computer that is down.. I'm going to just mellow out the rest of the day... get that computer back up.... It seems like a fancy that the market will correct from this point...
Bullish for the market is that this should be a more muddleed ABC correction... I can make that case But....
Well... lets see how we close.

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