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

Is it clear where the market is going........??? maybe I can draw a few more trend lines.

I actually did this to try and show the larger downtrend... in light blue

1 comment:

Tony said...

Not sure what wave we're in, but SPY looks grim. Blip downward with higher volume at about 205pm eastern-- after fed minutes release.

I see it falling off 0.5 percent here.

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