I'll try and throw some charts....
The q's are still within the declining pattern, and were in a pattern of lower lows and lower highs,
Still within a declining trend line, and the pattern. the declining trend is 47.20 on the q's,
but .... I wouldn't' be surprised if it pulls back and makes a higher low.
My Mantra is NEVER PANIC, Just like Being Patient on an entry, and that there are usually better entries, There are usually better exits.
One can still say "Sideways"
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
Thursday, August 28, 2008
umn
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