.... There is this topping move.... it's a lower low.... then a higher high... then the series of lower lows and lower highs starts......
As an homage to one of my readers, I call it a Melissa move. Because before hand she has called a few of them... She is like a savant that way.
but the 1.50 sell off in oil into this new high can be seen as a Melissa move...... and I'm ready for this Crap to end.
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
Monday, May 12, 2008
My continued Thesis
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