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"

Wednesday, July 9, 2008

No wonder I'm exhausted

If we are hitting a" near term low" this isn't that strong.... We are in a wave 5 of wave 3 of this upmove.... Point is we should correct soon... and maybe have some slightly higher highs.
That this isn't aggressive is very Bullish.....

I'll sugjest that we are building a Base... but be careful about chasing this base.... there could be better opportunities
I picked up BAX yesterday.... I'm not psyched about BSX.... Seems like a good safety play... but... it may be trying to correct again.

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