Opec... Or one of the opec countries has decided that $70 was fair price. Where were they at $140?
Apparently "7 swans a swimming are 30%" more this Christmas.
Seems like we could have Tony's pull back of course that we hit 90 on the spy, and we hit that blue trend-line...
Of course that it still has yet to be seen.
Question is, How can we pull back for the next 5 days till the NFP.... seems like a very long time.
What we want to see is the market just "Play" with the trend line.
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
Monday, December 1, 2008
Morning
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