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"

Friday, October 3, 2008

so

there is a descending triangle.... but also... you can think this is a base being built....

or more logically we have a nice little spike bottom/ low in then next few days....

Like I think I said... without a spike bottom... the market may not know what to do... but also remember.. all these moves have been on low volume...... so, The big institutional haven't had a chance to buy into the down move.

4 comments:

tradewell said...

Did you read in the big picture comments that buffett's only holdings are WFC and berk? how's that even possible? he's got a lot of other stocks, doesnt he?

Eric said...

those are personal holdings... different that Berkshire Hathaway's holdings.

tradewell said...

i see (sorry for no caps, horrible laptop keyboard, and im lazy)

Eric said...

looks like we may rally into the close...

Umn.... I'm so exausted, I'm over capitalization... spellchecks.... trying to make sense...

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