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"

Monday, November 24, 2008

old chart but

we blew past that Live trendline(the non horizontal resistance), and found some at 87 on the spy. I expected more resistance in the 88.50- 93.50 based on the horizontal.

Umn... then next trendline is at 96We have seen, now some struggling with that trendline in white, and I expect some struggle with the 20-30 dma.... Point is there is a ton of resistance in that 90 range.

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