ok..... Set another short... and I am going to be agressive with the stop..... This is a decending triangle..... and it's developing and going to fail soon..... We may get another move up.... and I'll put more cash against it if it does happen... but also look for a violation of the pattern.
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
Thursday, February 14, 2008
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