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"

Tuesday, April 8, 2008

5th wave failure

this is probably a reversal of the counter trend, of the macro counter trend rally

It also sort of shows that there are sometimes better exits than the "Panic" exit.
another day, another hundred dollar trade.... Better than losing money....
and I have other trades cooking... I'm just missing the days of simple clear $400 moves.

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