So this is the turn here... Umn, the target is maybe 86 or so to the upside...
For those who have followed this blog(I find it funny to talk about 'Tony' as "Those"... Maybe I should call him "That one".) I'm working on my read of pennants and flags... so those that follow this blog know that For the most part I just read Elliot wave forms. I like to add the volume confirmation of this style...
What is bad is that when reading the waves I'd rather read the charts at the tick level... So it's strange to move back and forth..
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
Friday, January 16, 2009
reversal
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