Well...one is an uptrend, one is a downtrend.... no higher high, but we are out of the downtrend.
For the life of me.... i refuse to even think about how to trade around "Bad Bank" and "stimulus"
market is a sell under 81.50, The end of day buying could just be part of Month end buying.
Volumes aren't definitive... and we have both divergences.
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
Tuesday, February 3, 2009
Trends
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