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 20, 2008

the XLF struggles with it's first decending resistance

There is no "horizontal resistance here" it's all trendline.. the market has to pull back and find some support to go through it.

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