we are very oversold.... but what Do I ever care about that..... we have had a 2 day down 2 day rally pattern....
I imagine a 2 day slight rally... or we should be able to expect some kind of lame multi day rally.
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, August 19, 2008
2 day reversals
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