See how I set these trend lines, and if it breaks them I short it.... now we have bounced on the red one...... Asume that it will bounce... the more times the trend has touched the trend line the more likely it is to bounce
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
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