40 pts away... we are seeing some Compression of the move... and some start of accumulation... sort of... Seems like a nice Monday/tuesday wash out is in the cards. but it does seem like we have run out of downside energy short term
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, October 16, 2008
compression accumulation
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