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


the volume is picking up and this continues to threaten a sudden reversal.....
in wave counts this could be wave 4...... I think we will get wave 5.... it also may be deep... but I'll get out at 1350... but also if we sell off hard into the close... the morning futures will again be down....
This is a tough trade so far.
Financials feel like they have one more low... then they will probably catch a bounce.

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