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"

Wednesday, August 27, 2008

the spy

so we had a trend line that was broken... on the spy... but I didn't have a wedge and I think this has another high in it.... Then there will be a solid Wedge. But now that it has retested and bounced watching for it to cross this line is probably the move.....

Of course the market has my hair standing up on edge.

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