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"

Friday, February 22, 2008









See how the support becomes resistance... and then... (if this hadn't already broken down..) this would develop into a wave 2 correction... then wave 3 impulse..... but it looks t to be breaking down
ooooppp lookie there.. a little Wave 3 action maybe????
oops just turned sidways and ...... is looking to fail

well... ok.... now... does this look like a complicated Elliot wave?

Still waiting for a correction....

Ok, I'm going to stop blogging agressivly... it's gotten booring... I think I'll finish the paper and wait for some correction to put the rest of my cash to work.

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