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"

Thursday, May 15, 2008

overall

5 days on the SPY SO..... YET AGAIN mother market throws me a curve ball.

we only sort of traded out of the channel... Not sure if that counts... but it's much more bullish than I suspected



Options Expiration we trade up, up big... then sell off out of the green trade channel and get my correction into the 2 more highs....

this is starting to feel more 1450 than 1430 as a top tick

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