... I had a very long day, arguing with .... It was nice to not watch the ticker all day... And for "The Great Depresion: Take Two." It's strange how much Work Is going on out there. And that I was called in to do some consulting.. that will probably go on for a few weeks.
I can tell I'll have my service on the phone a bunch. Not sure how they will react "Does it look like a Wave 2 in an uptrend"
Alright I need to get back to bed, so I can lick my wounds for a few more hours before I have to go yell at people.
Don't kid yourself.. The market can't "Cook in" a Global depression, in 1 quarter. and at one point there is no more money to "go short".
This is a long drawn out horrible process...... Just go with it... And don't kid yourself.... I don't get what is wrong with people that they think that this can be "Finished"..
Life is a Journey... not a Goal, not a mountaintop..... Once you get to a Peak... you realize, just how many more peaks there are... Just" live"....
That being said:
Mostly... I like this wave.... It has a little more to play out... MAYBE... MAYBE a little wave up, little wave down... Then we look for a turn... Little wave up, little wave down... THEN The start of the Break out.... I don't get some of you people...
your SAFE ENTRY long, is a Move up... Followed By a Pullback, Then you look for the move to turn back up..... and you buy... I've provided an arrow to show what that looks like
I have MACD divergences... accumulation... The technicians will be all over this saying... this is a Failed sell off... the volume sucked.....
Maybe we wait till friday with that BIG SURPRISE BAD JOB NUMBER......
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
Tuesday, July 29, 2008
Hi
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment