I was looking at volume based on price.... and the highest volume for the past few days is at the worst places...... Bad for the Bulls..... most the money made would have been made by holding money overnight....
my crystal ball says up futures in the morning.....
This is what I'm saying....
if we make it back to 12800 we go through it.... if we make it to 12200 we go through.... and none of that is guaranteed....
Maybe... This has been a pain in the ass trading... with us roughly range bound all day.. starting down 70 going down to 140... then back to down 70 then back to down 112..... Without the down futures... we went down 30 pts....
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 28, 2008
toughest money I've ever made..
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