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


the sell volume is very weak...

3 comments:

Tony said...

RIG looks like it's coming off a nice bottom.

Thoughts?

Eric said...

it has some nice momentum...

that double retest of the 46 level makes me nervous... also sure oil is up at 41.. seems like oil could easily could sell off..

Eric said...

I'd like to see it break the downtrend/descending triangle.

but If the market is going to turn.. it should run.

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