Well... Possible you got stopped out That blue line shows a new better entry... if you believe the market is going down.... That uptick was super sudden... doesn't show healthy buying.... Probably also shows people doing exactly what I'm talking about.... but there is still some selling pressure coming right back in....
we are getting to the lunch hour... and usually somewhere between now and then there is a change in trend... will we maintain the upside to the last 2 hours... or will we do some selling off then have some buying into the close.
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, March 27, 2008
lookie there
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