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, July 17, 2008

sorry

I umn.... guess people are looking for me to do some forecasting..

I see 2 possibilities tomorrow in that murky nightmare called my Fazled Brain, Crystal ball.

The Waves say this.

Maybe Up futures... I say this because options expiration the open as a reverse bias to the longer trend... down trend to options week Up bias to futures.

Ok, My fractle decay pattern suggests, ... an up open, down trend, Upmove, Down trend.

I was just thinking through the costanza trade... with the negative sentiment post close.... the contrarian says... Maybe we rally all day, untill the Oil Bears cover before the weekend... then we sell off... and maybe that knife gets caught....

I will do a chart before the open......

More stuff I'm probably wrong about...

After an upday, we did have a Down, Up trend today... which matches the decay pattern... so maybe we get an up open, down morning. Up afternoon? that does match the decay pattern

quantifyable edges confirms the idea of a pullback followed by an upmove

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