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"

Wednesday, January 21, 2009

ooop


some of the trend lines you can't see..... But we had a wedge... of course I figured we would hit the other top and find selling....
We broke out of the wedge.... When you break a wedge you look at the volume... I saw declining volume which told me we had another leg up... which happened, then I want an exit when we break that uprend in red which you can barely see.

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