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 15, 2008

these moves are obsene

So.... if we assume my 1:20 bottom call holds..... IF IF IF IF IF IF IF...

and I measure time vs the swings.. We had a 2 day move up (Tuesday morning, from friday morning), Then a day and a half sell off. We could get a day and a half up move which puts us......

FRIDAY MORNING OPTIONS EXPIRATION!!!!! as the next swing.

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