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.
Friday, November 28, 2008
Thanksgiving
Well happy turkey day, yesterday.
half day trading today, not sure How I'll be involved.
Turkey's digested.
ReplyDeleteQID knocking on 75 for the third time... will it break thru?
You are right, but when it does I'd watch for a bear trap.
ReplyDeletewhich I think may morph into a bull trap at the close.
that is my suspicion. but as the air gets thin, It's harder to forcast.
next week is NFP... that has to force a correction.
day trade. I'm out at 75.34
ReplyDeleteMaybe buy it back at 26 minute MA, which is 74.8
Not sure of EWT analysis