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"

Monday, September 22, 2008

Cramer says buy gold.

Where are we going?

up?
Down?
Sideways?

This is a Completed Elliot Wave.
This is not a Completed Elliot Wave ABC correction. Here is the Thursday through Monday move. Roughly, this is a 50% retracement.

Just the first move toward Armageddon? or the best pull back on the way to the moon? Or Part of a sideways move?

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