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, February 21, 2008

See how we bounced off of the consolidation line from yesterday.... this is symetrical with what happened yesterday to the downside.....
If it maintains, we will get a few bounces off of that red line... but hopefully with a series of Lower highs, and lower lows...... then a violation back into the trade channel.
or more highs and I'm fucking WRONG!!! and 1450 here we come.

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