So... More or less this is a 5 legged move..... But I have reservations, the purple arrow there.... Well usually there are 2 of those solid pull backs.... Also I still say that the sell off will be slow.... We will just stall, and run out of upside energy... it will take days to sell off.... And I have yet to see any good distribution... I want to see about 6 hours of it....
this market will not turn on a dime.
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
Thursday, May 1, 2008
A chart
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