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"

Wednesday, March 26, 2008




I know you don't believe me, but I made some changes to the trade channel.. and we are still inside it.... I know I should have done it earlier...


but So far.. this downtrend overall looks like it may be weakening.. if it's not over already...


There is a Bull chance that there will be no 5th wave to this trend... We have some bad data tomorrow possibly GDP... I think PPI is comming up.

I changed the green trade channel.... it's not valid in any way besides holding this morning's downtrend and parallel and in line with the closing highs.... the red one that you can barely see is umn the overall trend.... I'd love to see this downtrend accelerate. UMN...... The volume as I see it, is a little more convincing than yesterday.

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