If we are going to chase the day trade shorts out of the market.
this still looks like accumulation to me... but we could have a week of accumulation followed by a spike low... or a spike low tomorrow. or so.... or another leg down....
Always the chance that we are going to build a nice base....
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
Tuesday, October 7, 2008
lets see
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