I commented how far 740 is from 780 You think 40 pts, but a year ago that was more like 800 Dow points.... and regardless that takes days.... Like 3 of them and solid oversold bounces...
I did the percentages today... and knew it was just not something we could achieve.
Ben LichenStein, talked about resistance at 780... and Yes, like the ignorant fool I am, I did not pay attention to that significant resistance.... which will take some work..
I'll try and look at it later
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
Wednesday, February 18, 2009
lets talk abou today
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