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"

Monday, April 21, 2008

No charts...

but a quick outlook.

The down is down 60 it's powerlunch time.... from the 4 seasons.....

This is a limbo position..... My charts say we start moving tward 1400+ but......

in the minds of the range bound... we are stuck and shoudl move back to the 1300 range..

We(or I) need the xlf to make more moves tward 27.... and to move into the 29-27 range....

Interesting idea would be if the Nasdaq gets us there.....

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