Posibly.... This is the XLF we will come down to the red line... in an A wave... have an upmove on the redline...up to the blue line... then back down below the red line....
Then.... This is interesting... I bet we have another upmove and another downmove.......
and that will mark the Turn.... In theory...
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
Monday, March 31, 2008
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