This is trying to correct.... I'm not psyched to get out... but this could be a developing wedge with a target at 8.50 before the good correction. I'm likely to risk my current gains, but did raise my stop to generate some gains for my time.
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, August 22, 2008
RF correction
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