sorry this is being busy.... if I was short the SPX I would have bailed as it hit that green down trend.... if the spx keeps going with another new high... I'll bail.... I swear the market wants to sell off. Over all this is a nice distribution pattern that could be showing a near term top... I'm going to look to take some profits as we move down again. Let some ride.
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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