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"

Tuesday, July 8, 2008

8 days of the SPY

Crazy stuff I'm doing with the chart... but again we are playing with the significant resistance, I think we are going through it.
More resistance 127.20 127.30 127.60 128.40 129 ish...

I'll suggest a current target of 128.50 ish.

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