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"

Tuesday, September 23, 2008

The spy

We continue to proceed with a descending triangle, I continue to look for the possibility of a turn. we did retest the 120.40 level... But we are headed to that level again for the deadly 3rd retest.....
It's possible we could break that level and form a bear trap.... or spike low.

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