I just made a short term bet that we would fade this gap... the technicals are looking like it was a good bet......
originally this looked like we would play a move up to 135.50 similar to what Brian was theorizing.. but suddenly the market got weak and looks like it wants to "Fade this Gap"....
this is short term... and I'll cover that bet once it closes.... because we could then make a move like Brian theorised....
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
Friday, February 22, 2008
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