The Futures are actually neutral....
I like this action....
It's much more rational for the futures to be half way between the last low and the last high...
which is where they are... It shows neutral action...... which says 3rd wave of this move.... we are in the middle... not right in the middle but traders are indecisive.
Opening bell:
damn Sell volume right off the bell
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
Friday, March 28, 2008
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