I did some wave counts..... I still hold with yesterday being a "Wave 3" remains to be seen if we are still in wave 3 or this is wave 4......... But I still am holding with my thesis on a breakout. But there is a wave count that ends yesterday..... The reason I'm doubtful is because that first move is completely an "Inside move"... and those moves are usually not valid.
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 29, 2008
wave counts
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