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".
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
Thursday, October 23, 2008
Well.... that was it...
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