Umn.....
Primaraly I'm staying out of all this..... We arn't going to break out to 1450.......
consider this..... we finaly got a good pull back of the move to 139.7... In the downmove we had no less than 4 100% retracements.
Still my thesis is a move above 1400... as a false breakout.
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
Tuesday, April 22, 2008
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