this has hit it's breakout value for a bear flag, I'm cautious still. I am keeping my bearish bias.
The only positives are the smh has looked good, but you can still put it in the context of a bear flag. and the XLF has probably found some support... but that doesn't mean it will go up, it could just go sideways....
players may be waiting for the FED. It could just be me, but this feels like the least anticipated fed meeting yet.
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
Tuesday, December 16, 2008
just some charts.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment