My wedge gave way yesterday... Seems like we want to test the trade channel. 87 was in my target... In Elliot waves. Yesterday was the end of wave 3, we are in a wave 4 pullback... We are still in the trade channel so anything can happen.....
Also there is a chance of an "Aversion" stage if we do break out.
I'm still, on my pretend vacation.
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
Thursday, January 29, 2009
Where are we...
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