Well... the trend went against my opinion.
So.... the white arrow shows where the Tick value maxed out. which is a 3rd wave move. so I expect this is a 4th wave move... possible we just move to the upside....
I expect one more low...... then an upside correction... then we see if we get a "Failed Rally to a new high" to short.
I'm trying to be ahead of the curve... and then I can make predictions....
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
Friday, April 4, 2008
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