Pendants in a downtrend are bad if you are bullish...
But are we in a downtrend... or a countertrend... or....
I've set my exits....
I can come back in if I have to.....maybe this has topped out?????
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
Friday, July 25, 2008
I've set some exits
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