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, October 8, 2008

I was hinting at acumulation yesterday


and again these patterns show that UUU WWWW patterns that indicate acumulation.... normaly this happens preceding that final sell off which could be monday.... But this is a good indicator.

also the 10:00 move wasn't distribution... that was mor a dry up of buyers..... and it wanted to come back to find them

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