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"

Thursday, March 20, 2008


this is the last 2 days on the SPY....... or the last 2 hours from yesterday on the spy and the first hour of trading.....
I expect us to hit that top red line.... follow it down for a while Then Violate it...... After that move.... I'll remove my long and take a short position...... or get stopped out.
This is following the post bear market rally from every other post bear rally... downside correction.

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