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"

Thursday, October 23, 2008

Well.... that was it...

92.4 was the target 50% retrace + a few pts on the open and it's done....

Now ... I can make a good case for a pull back into a wave 5 finish.... It wold be nice to see a good run to 100 on the SPX.... Too bad the market doesn't trade "Nice".

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