a 5th wave correction would be apropriate... Best thing to do is to see where the downside correction goes... then look for the upside move... and wait for it to fail.
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
Wednesday, March 12, 2008
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