I hate sideways motion..... This seems like it could be a sideways move/correction in the uptrend. My problem is that there is this fine line between a sideways correction and Topping action.
I give better odds to sideways action... But I've said 2 more highs... now I believe Only one.... If that.
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
Monday, August 18, 2008
Sideways action..... topping action?
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