we hit the downtrend line, and now have to test this on the 5 minute time frame. I'm trading this aggressively.... but Maybe some nice Flag to the down side But I think we can get a successfull retest this time.... Cause it's just like me to fall for the failure before the successfull...
Still a chance this is all a big flag before an end of the day sell off.
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
SO
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