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"

Thursday, January 15, 2009

Charts charts charts

I'm firm on my opinion that Steve Jobs is lying to the board, which is the reason for the obfuscation.

I'm running charts all morning.

6 comments:

Tony said...

Charts are all falling apart. Indices look like they all at or below critical support.

Fundies and technicals are all terrible. Sentiment is the only thing that can bring about a relief rally, and we may need a capitulation before any bounce.

I'd be interested in your chart analysis. I was looking at FAZ.

Eric said...

I don't feel comfortable doing TA on the leveraged etf's the Nav is crazy. one should stick to the spiders for T.A.

Tony said...

You're right. I guess I should have said XLF.

Eric said...

Ya... I'm working on it...

Maybe if I just start typing, it will help.

Tony said...

Just when I thought everything would just drop to zero, we have a rally.

I won't say anything about the close.

Eric said...

You cursed it again!!!

Just when you though you cursed it...

that sentiment this morning was Awefull....

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"

cnbc