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"

Friday, August 29, 2008

xlf vs the spy

The XLF is still trying to make a new high, but had a nice wedge developing there, it should correct.

that should verify this downtrend in the spy, Get a nice correction going...

Remember this is end of the month, and we could see some window dressing/ window breaking into the close

1 comment:

Eric said...

I just posted it, get worried if the qqqq's hit 46.60

but I think the trend is still down

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc