I still think maybe I'll just go for a run today... Mello out....
There is a ton of support under this move. it does feel like it's a false breakout...
Like I said..... I'm going to mello out. There is some bounce, but it's very disorderly.
the buy volume has dried up, but the sell volume is also weak...
You know this is now 2 months and we are in the middle of the range..
Umn.... Erin said something...to a technision.....
"Tripple Bottom?".... What do you get after a third test of bottom? 50% retrace, then back to the lows..... for that elusive "Quad bottom?"
But... there is a reason I'm sitting this out......
I obviously have my head up my ass right now.
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, January 26, 2009
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